Samsung Electronics is teaming with MusicNet to launch a new online music store in Europe, as a companion to a forthcoming line-up of portable media players from the consumer electronics giant.

Samsung Electronics is teaming with MusicNet to launch a new online music store in Europe, as a companion to a forthcoming line-up of portable media players from the consumer electronics giant.

Samsung is scheduled to launch the K5 media player and a number of other MP3 players later this year.

As part of the offering, MusicNet will power a Samsung-branded subscription service and download store. The service will be available exclusively to Samsung device owners in the United Kingdom, Germany and France.

Samsung plans to expand the service throughout Europe and Asia after the initial launch of the K5.

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