According to a report in The Information, Samsung is planning on dipping its toes in the world of original short-form video content. Think Netflix, but lower-budget and probably without Kevin Spacey.
The report says that the service will be code-named 'Volt' and could cost subscribers a couple of quid a month for access. Although Samsung's apparently hoping to attract big Hollywood names, the budget is in the "tens of millions" rather than Netflix's hundreds of millions.
Samsung doesn't have much pedigree as a media company – it had to close its Media Hub operation because of conflicts with Google's Play Store. Of course, what Samsung does have is a good history of slightly crazy R&D projects, so there's a good possibility that Volt might never see the light of day. [The Information via CNET]