The trimmed-down Times on iPad stems from a reported deal that Amazon made with the paper for the Kindle. Amazon has an exclusive on the full content of the Times for e-readers. On the Kindle, you have to subscribe to read the Times, even though the full content is free and available on the web. The Amazon deal apparently allows competitors to have the full text, but not at a lower price.
Earlier this month, the New York Times raised subscription prices on the Kindle from
US$13.99 to $19.99 a month.
The Times has already said it wants to charge readers for the web version, maybe $20-30 a month. That arrangement left Apple with a pretty truncated version of the Times for the iPad.
[via Business Insider]