Phones to carry video ads soon

You can now sign up for video spam, er, ads on your phone if you’re a Verizon or Nextel customer. Just subscribe to these simple video ads in exchange for a possible monthly fee reduction. So far corporate bigwigs like Nike, ESPN, Hilton, and Pepsi have video ad campaigns under production. Successful tests will result in marketers creating location based advertising that are triggered as a subscriber enters a different area. New York Times via Phone Scoop