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

2 hours ago in Entertainment

OPENING WEEKEND: ‘Captain America: Civil War’ is finally here

10-overlay

Here's a look at some of the films set to open this weekend.

8 hours ago in Entertainment, Sports

Kobe Bryant’s ‘Dear Basketball’ to get Disney treatment

KOBE472419167185

Kobe Bryant's farewell poem to basketball is going to be turned into a short film.

9 hours ago in Entertainment, Weird

Fanciful ‘Boaty McBoatface’ passed over for vessel name

19-overlay-1

Don't expect to see Boaty McBoatface on the high seas.

9 hours ago in Music

‘Hey Jude’ makes history in China

paulmccartney324810027294

The Paul McCartney/John Lennon song will feature in "Yesterday Once More," a new movie from director Yao Tingting

9 hours ago in Music

Axl Rose jumped at the chance to replace Brian Johnson in AC/DC

axlrose

The Guns N' Roses star will make his debut as the Australian rock act's new singer on Saturday.