Recently, we’ve seen the introduction of the availability of Wired Magazine and Time Magazine on the iPad. You can download an app and have what you would have gotten before in the dead tree edition.
Here’s what Chris Anderson said about Wired’s launch on the iPad…
The tablet is our opportunity to make the Wired we always dreamed of. It has all the visual impact of paper, enhanced by interactive elements like video and animated infographics. We can offer you a history of Mars landings that lets you explore the red planet yourself. We can take you inside Trent Reznor’s recording studio and let you listen to snippets of his work in progress. And we can show you exactly how Pixar crafted each frame of its new movie, Toy Story 3.
I have to stay that I’m really impressed. It’s a really compelling experience. It’s just like you’re holding the paper edition.
The only thing that I don’t like is the price. I pay $12/year for my subscription but you have to pay $5 per issue on the iPad. This stinks. I’d bet printing and distribution of the physical magazine is a big part of the cost. Then, why are the digital and print magazines the same price?
I’m sure the price will change. When it does, we’ll make an even bigger step to a world where we don’t use physical media.
Oatmeal Stout - Justin Thorp's blog 
Could the reason for higher price be for the additional time and effort that it takes to produce and host/bandwidth of the new video clips and interactive graphics? Plus, they probably had to hire a whole bunch of new employees to do all this work, their equipment, office space, etc. that they are factoring in right now.