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 Music

PHOTOS: Joe Cocker through the years

Fresh
AP02072004165_46

A look back on the legendary career of the "Up Where We Belong" hitmaker.

in Music

Legendary rocker Joe Cocker dead at 70

Fresh
cocker

The raspy-voiced, Grammy-winning "You Are So Beautiful" singer has lost his battle with lung cancer.

in Music

Alice Cooper hosts star-studded Christmas show

alicecooper

Rocker served up a real Christmas treat to fans at his annual festive benefit last week

in Music

Rolling Stones thank fans for ’14 tour

23-overlay3

The group thanked fans and suggested there may be more shows planned for 2015.

in Music

Phil Rudd: ‘I want my job back’

philrudd

AC/DC drummer Phil Rudd is determined to clear his name and return to the band after his upcoming court case.…