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 Entertainment

Margot Robbie might be real-life Barbie

margotrobbie

"The Wolf of Wall Street" star is film bosses' first choice to play the beloved blonde doll in a new live action movie.

in Music

Pilgrimage fest to pay homage to history

sherylcrow

A new music festival is heading to Nashville.

in Music, Entertainment

Blake Shelton wants Luke Bryan to take his job

blakesheltonlukebryan

If the country star ever decides to take a break from NBC's "The Voice," he already has a replacement in mind.

in Entertainment

Big bling: 100-carat diamond could fetch $25M at auction

diamond

Sotheby's will auction the stunning stone on Tuesday in NYC.

in Music, Lifestyle

You can smoke in Willie Nelson style

willienelson

The music legend is preparing to release Willie Weed.