Samsung started its Music Hub service May 2012 to foray into the digital music sales.
Samsung is planning to shut down its music streaming service called Music Hub from 1st July.
The company has already started notifying its users to start downloading all music purchased through the app.
Samsung said in a statement, "We would like to inform you that Samsung Music is no longer available from 1 July 2014. However, we will announce an even better and more complete musical experience as a replacement option for Samsung Music."
"We ask you to take the time to download all of your purchased content before 1 July 2014 and to redeem any remaining vouchers for Samsung Music."
Samsung started its Music Hub service May 2012 to foray into the digital music sales through its smartphones.
Music Hub service allowed users to upload their tracks to cloud and listen them from a PC and five other mobile devices.
The subscription based scheme allows users to stream their favourite tracks by paying £9.99 a month while the service allows users to stream and listen for free but the users can't store the freely accessed tracks.
A Samsung spokesperson said: "We remain committed to delivering rich content experiences and a wide range of choices to our customers through our own services as well as those of our partners."
The Korean giant is also to close its eBooks service, which will end users buying and downloading books from Samsung hub.
The feature will be bundled to Amazon Kindle for Samsung app.