Amazon Prime Video’s ad business celebrates its first birthday today.
Over the course of 12 months, it’s fine-tuned a pitch to buyers and brands to put the case for their investment beyond argument — and in doing so, overtaken streaming rivals and ensconced itself on brands’ media plans, while padding the margins of Amazon’s already formidable ad business.
The platform shifted from emphasizing the quality of its Prime Video content slate, which includes fare like the Rings of Power, The Boys and The Marvelous Mrs. Maisel, to highlighting its growing measurement capabilities and new ad formats, according to seven media buyers who spoke to Digiday. All the while, it’s held CPMs at a competitive level, forcing rivals to lower their own prices. A spokesperson for Amazon declined requests for an interview.
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