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The Trade Desk’s Kokai platform, Supply-Side Platforms have been downgraded to “resellers.”

🚨 The Quiet Rebrand That Could Reshape Programmatic

Here’s the part that makes me want to throw my phone across the room: nobody in adtech bothered to talk about this. The podcasts? Bought and paid for. The trade sites? Too busy recycling press releases about “AI-powered brand safety” to notice an actual earthquake. The LinkedIn “gurus”? Still clapping for each other’s Medium posts.

Meanwhile, The Trade Desk just pulled off a stealth rebrand of SSPs that could permanently change the rules of the programmatic game. And almost no one said a damn thing.

What Actually Changed

Inside The Trade Desk’s Kokai platform, Supply-Side Platforms have been downgraded to “resellers.”

Let’s not sugarcoat it. That’s not a title update. That’s a demotion. Imagine showing up to work and finding your corner office keycard only opens the janitor’s closet.

  • SSPs used to be direct pipes. You shove inventory in, DSPs pull demand out, everyone pretends they’re adding value.

  • Now they’re “resellers.” Translation: you’re no longer in the trusted circle. You’re the middleman no one really wants but can’t completely get rid of yet—like the cable company.

  • Meanwhile, OpenPath is the golden child. It’s the clean, direct line, and Kokai scores it like it’s the Tesla in a parking lot full of used Chevys.

This isn’t taxonomy. It’s a polite power grab, gift-wrapped in the language of efficiency.

Why It Matters

If you’re a publisher, here’s what this means:

  • Auction competitiveness just took a dive. Bids coming through SSPs are now scored like a high school essay with ketchup stains.

  • Your CPMs could swing 5–15%. That’s not chump change. That’s the difference between hiring another revenue ops manager and cutting your video team.

  • Header bidding? Rethink it. The careful Jenga tower of SSP partnerships you built could collapse the moment Kokai starts treating your “partners” as second-class citizens.

If you’re an SSP, the outlook is even grimmer. You’ve been publicly relabeled as “not essential.” That’s like your boss introducing you at a company meeting as “our expendable colleague.”

You can talk about fraud detection, billing support, and yield optimization all you want—good luck explaining why publishers should keep you around when The Trade Desk is quietly telling everyone you’re just ballast.

The Bigger Shift

Don’t kid yourself: this isn’t about “clean pipes.” This is about control.

The Trade Desk is building a toll road and telling SSPs they can use the dirt shoulder if they want. OpenPath is the freshly paved express lane. And every advertiser and publisher is being nudged—hard—toward it.

The balance of power just shifted. And here’s the dark little secret: if you haven’t noticed, you’re already losing revenue. By the time you check your dashboards, the leakage will be baked in.

What’s Next

This rebrand isn’t just semantics—it’s the first domino. The Kokai scoring system is being rewritten to favor the direct pipes The Trade Desk controls. That means auctions, CPMs, and entire publisher monetization strategies are about to bend toward OpenPath whether you like it or not.

And here’s the part SSP executives don’t want to say out loud: this isn’t just a tweak. It’s a signal that their role in the ecosystem is shrinking—fast.

👉 In Part II (Paid), we’ll follow the money: how auctions are being reshaped, where CPMs are already shifting, and why the house always wins when the house is The Trade Desk.

The Rabbi of ROAS

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