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

13 hours ago in Sports

The week’s best sports shots

Denver Broncos’ Peyton Manning holds up the trophy after the NFL Super Bowl 50 football game Sunday, Feb. 7, 2016, in Santa Clara, Calif. The Broncos won 24-10. (AP Photo/Matt York)

A look back at some of the best plays and biggest moments in sports this week.

13 hours ago in Sports

The weekend sports schedule

kobebryantallstar

Here's a look at this weekend's sports schedule.

17 hours ago in Music, Entertainment

Woodstock 50th anniversary celebration in the works

woodstock

Organizers of the original Woodstock festival are trying to get something together to mark the golden anniversary of the event in 2019.

21 hours ago in Sports

Kobe to headline All-Star Sunday

22-overlay-8

Kobe Bryant has spent a career tormenting the Toronto fan base and now he is set to entertain it as the NBA's All-Star Weekend descends on Canada for the first time and welcomes Bryant for his swan song.

22 hours ago in Music

Eddie Vedder and Chris Cornell cover the Beatles for new show

eddievedder

The two rockers will join The Shins, Pink, Sia, Of Monsters And Men, and James Bay, among others, on the soundtrack for a new Netflix show, "Beat Bugs."