UPDATE: Amazon Opens Up “Free” Instant Video Streaming for Prime Members

For tech geeks that frequent Amazon.com, a Prime membership is a handy tool to have if you like getting your gadgets, groceries, or just about anything else delivered within two days for “free” or overnight for $3.99/item. We put free in quotes because an Amazon Prime membership costs $79/year, but those that order from Amazon frequently usually find the cost an easy pill to swallow.

Now Amazon is making the cost of a Prime membership even more palatable — the company is now making its Instant Video streaming service free to Prime members. That means that in addition to the free two-day shipping comes access to over 5,000 instant streaming movies and TV shows.

Full details of the service are likely to be revealed by Amazon later today, and we’ll keep you updated once we found out more.

Updated 2/22/2011 @ 10:38am

Amazon is now offering up additional details on its new Instant Video streaming for Prime members. The free service is only available to those that actually pay for an Amazon Prime membership – those that receive a free Student or Amazon Mom Prime membership are out of luck.

Also, you won’t have to worry about the price of prime going up with this new feature addition. The price will stay at $79/year for the foreseeable future.

“Millions of Amazon Prime members already enjoy the convenience of free Two-Day Shipping,” said Robbie Schwietzer, vice president of Amazon Prime. “Adding unlimited instant access to thousands of movies and TV shows at no additional cost is a great way to give members even more value for their $79 annual Amazon Prime membership.”

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