If you love streaming tv and movies then you should know this about Amazon

Amazon Prime is arguably one of the biggest sites to stream content.

Effective soon, Amazon is raising their annual rate to be a Prime member to $119, up 20% from the previous year.

The new pricing will apply to existing members’ renewals starting June 16th and new members on May 11th.

The 20% increase comes four years after Amazon last raised the annual price of the highly popular Prime program. In 2014 the cost went from $79 to $99.

In case you were wondering, Amazon Prime has over 100 million paid subscribers worldwide. That’s an extra $20 per person times 100 million. Anyone good at math? … That’s 2 billion dollars folks!

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Jeff Kode

Jeff Kode has previously written articles for The Arizona Republic ALT section, as well as other publications including Echo Magazine and IONAZ Magazine. He is an enthusiastic movie lover, and enjoys discovering new music. He was previously on air middays with his own show The Sugar Rush, and can now be heard 6-9am on The Morning Beat with Steve and Jeff at 88.7 The Pulse.