Amazon raising annual Prime membership fee to $99

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Posted by tranced
(Reuters) - Amazon.com Inc told customers on Thursday that the annual membership fee for its Prime shipping and media streaming service would go up to $99 from $79 next week, the first time it has increased the price since the service began in 2005.

In January, the online retailer said it was considering a $20 to $40 increase in the annual fee.

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