Amazon Drops Monthly Prime Pricing?
NEW YORK (TheStreet) -- Just a few days after launching a monthly pricing model for its Prime shipping service, Amazon (AMZN) has scrapped the idea.
Amazon had priced its Prime service at $7.99 per month, putting it head-to-head with the cheapest Netflix (NFLX) plan. However, an exhaustive search of Amazon's site on Friday found nothing about the monthly pricing model.
It appears that Amazon is going back to its $79/per year price for Amazon, albeit without explanation.
A look on Amazon's Prime homepage mentions the $79 per year price, but nothing about a monthly option.
There's even a letter from CEO Jeff Bezos on Amazon's homepage, talking about the $79 price. Dear Customers, We launched Amazon Prime seven years ago with unlimited free two-day shipping on over a million different products. Today, Prime includes instant streaming of over 30,000 movies and TV episodes, nearly 200,000 books in the Kindle Owners' Lending Library, and expanded free two-day shipping -- now on over 15 million items. Despite all of these changes, one thing remains the same - Prime is still just $79 a year. We think this makes Prime the best bargain in the history of shopping. This holiday season, avoid the lines and enjoy free two-day shipping, even for last-minute gifts. And when you're not shopping, choose a book from the New York Times bestseller list, or sit back and watch a movie in stunning HD on one of our affordable new Kindle devices (starting at $159 for the Fire and $199 for the Fire HD). If you haven't tried Amazon Prime, sign up for a one-month free trial today, and join the millions of members who have already discovered the convenience and improved speed that Prime delivers. Happy shopping, happy reading, and happy watching, Jeff Bezos Founder & CEO Amazon didn't immediately respond to a request for comment on this story. Interested in more on Broadcom? See TheStreet Ratings' report card for this stock. --Written by Chris Ciaccia in New York >Contact by Email. Follow @Commodity_BullSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
