06/21/2013 10:57 am ET

Jay-Z, Samsung Commercial Sees Rapper & Timbaland Working 'Magna Carter Holy Grail' (VIDEO)

Jay-Z and Timbaland are hard at work on "Magna Carter Holy Grail" in a new commercial for Samsung.

The 32-second spot follows an extended ad that ran during Sunday's NBA finals game, in which Jay-Z announced that he was releasing a new album on July 4th. The project will first be available to 1 million Samsung Galaxy users, who will be able to exclusively hear the album for two days before the rest of the world.

In addition to Timbaland, Rick Rubin, Pharrell Williams and Swizz Beats are confirmed producers on "Magna Carter Holy Grail." Jay-Z received some bad news Friday, as Billboard decided not to count the 1 million albums that Samsung pre-purchased (at a price of $5 each), meaning the record would not instantly go platinum. Hov seemed to expect that the magazine would rule in that direction:



Beyonce & Jay Z