src/styles/ads-label.scss
.vjs-label-hidden {
display: none!important;
}
.vjs-default-skin div.vjs-ads-label {
font-size: 13px;
line-height: 30px;
font-weight: normal;
text-align: center;
color: white;
display: none;
width: auto;
padding-left: 10px;
}
.vjs-ad-playing .vjs-control.vjs-ads-label {
display: block;
}