Amazon announced yesterday that its Prime Video service is introducing location-based interactive video advertisements in the U.S., allowing local businesses to reach target audiences in specific areas. The ad unit, Interactive Video Ads (IVA), will help advertisers customize national TV commercials with location-specific content such as local pricing and nearest business details based on state data and ZIP codes. The new format, expected to intensify the growing competition between streaming services and broadcasters, is part of a larger effort to bring more small businesses and local buyers to CTV. It also arrives as major streamers, including Prime Video, are pursuing new models such as pause ads. Continue reading Location-Based Interactive Video Ads Coming to Prime Video