Samsung finally announced the arrival of its new Music Hub service, a direct competitor of Apple’s iTunes. The all-in-one mobile music service launched in various European markets with the Galaxy S III smartphone.

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Music Hub is based technology from mSpot, whom Samsung acquired only recently, and allows users to store, purchase, and stream millions of songs in one place. Music Hub also has the ability to scan and match a users music in a method similar to iTunes Match. Not only will the service rival Apple’s iTunes, but it will also compete directly against Google Music. The premium features of Music Hub, which include streaming and matching, are available for €9.99 per month to Galaxy S III owners in the United Kingdom, France, Germany, Italy and Spain.