Good old Stelios Haji-Ioannou. Not content with terrifying the airline companies by setting up one of the cheapest flights operators in the country, the entrepreneur has just confirmed that he’s made a deal with UK music downloads company, Wippit, to set up a rival to iTunes and Napster. The company, called Easy Music, will be charging as little as 25p for some tracks, which is just stupidly cheap. We’ll be waiting to see how Apple, Napster and the rest respond to this news, but there’s a good chance that this will start up a pricing war that should only benefit the likes of us.
You may recall our recent report that Stelios is also setting up a budget mobile phone network. Read article.