News

Amazon hikes Prime membership fee

Amazon hikes Prime membership fee

PRIMED FOR PRICE INCREASE: It's the first price increase since the online retailer introduced its Prime membership program in 2005. The company said it would probably raise the price in January. Photo: Associated Press

NEW YORK (AP) — Amazon is raising the price of its popular Prime membership to $99 per year, an increase of $20.

It’s the first price increase since the online retailer introduced its Prime membership program in 2005. The company said it would probably raise the price in January.

The hike will apply to users when they renew their membership.

Amazon has spent heavily to grow its business and expand into new areas, from movie streaming to e-readers and groceries. Prime membership also includes two-day free shipping on many products.

In an e-mail Thursday to members, the Seattle company stressed that it has not raised the price on Prime in the 9 years since its launch, even though shipping costs have increased and it has added new services, such as video streaming.

Recent Headlines

in Viral Videos

WATCH: Justin Bieber’s boxing lessons

25-overlay3

The pop star is reportedly taking boxing lessons from Floyd Mayweather ... and Conan O'Brien has the footage.

in Music

Country rules Billboard chart again

floridageorgia

It's been a good week to be a country artist.

in Viral Videos

The most epic safety video ever made

23-overlay2

New Zealand knows why you want to visit, and they're playing along.

in Entertainment

‘Dukes of Hazard’ recording Christmas album

dukes

Good ol' boys John Schneider and Tom Wopat have teamed up to record a new holiday album.

in Entertainment

Hilary Swank, Miranda Lambert to front ‘Dog-a-Thon’

swank

LeAnn Rimes, Betty White, Scarlett Johansson, Josh Duhamel, and Kesha are among those set to appear on a "Dog-a-Thon."