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Brief

Disney Real-Time Ad Exchange (DRAX)

Streaming & CTV Ad TechnologyProduct· part of The Walt Disney Company

Disney Real-Time Ad Exchange (DRAX) is a proprietary programmatic advertising platform launched by The Walt Disney Company in March 2021, designed to automate ad sales and democratize access to Disney's premium video inventory.

Last updated Oct 5, 2026 by the ATDb Editorial Team · Connections updated Oct 12, 2026

Founded
2021
HQ
Burbank, California, United States
Connections
16

AI-drafted from public sources8 sources cited

At a glance

Employees
51-200
Stock
DIS
7integrations5competitors1corporate family3partners

About

Disney's proprietary SSP and real-time auction engine, uniquely positioned as a publisher-owned ad exchange controlling premium streaming inventory at scale across Hulu and Disney+

Disney Real-Time Ad Exchange (DRAX) is a proprietary programmatic advertising platform launched by The Walt Disney Company in March 2021, designed to automate ad sales and democratize access to Disney's premium video inventory. By centralizing advertiser video demand, DRAX creates parity between direct-sold and programmatic deals, allowing both to compete on an equal footing. The platform brings Disney's proprietary technology stack together with major buy-side platforms, unifying access to streaming inventory across Hulu and Disney+ for advertisers of all sizes in the connected TV space. DRAX integrates with leading demand-side platforms — including Google's Display & Video 360 and The Trade Desk via its OpenPath technology — as well as certified partners such as Yahoo DSP and Magnite, enabling direct and automated pathways for media buyers. The platform supports live content from Hulu and Disney+, including ESPN and ABC News, and enables dynamic ad insertion for live events, driving personalized ad experiences at scale across live sports and entertainment programming. Originally targeting 50% programmatic ad revenue, Disney has exceeded that goal and now aims to automate 75% of its advertising business by 2027 through continued expansion of DRAX. Source 1: disneyadvertising.com — Disney Simplifies Streaming Inventory Access for Advertisers Source 2: marketingdive.com — Disney unveils programmatic platform at first ad-tech ... Source 3: digiday.com — Disney is rolling out DRAX Direct, a direct integration with ... Source 4: thewaltdisneycompany.com — Driving Advertising Impact and Velocity with Biddable ... Source 5: thecurrent.com — Disney streamlines access for advertisers, aiming to automate ...

Business model

Marketplace

Target market

Enterprise

What they offer

  • DRAX Core

    The foundational real-time auction engine that hosts internal programmatic auctions across all Disney streaming endpoints, automating competition between direct-sold and programmatic demand.

  • DRAX Direct

    Launched March 2024, DRAX Direct provides direct-pipe integrations with The Trade Desk and Google DV360, unifying Hulu and Disney+ inventory for preferred DSP partners with reduced latency and improved match rates.

Key features

Real-time unified auction across direct-sold and programmatic demandFirst-party Disney audience data activationDirect-pipe DSP integrations via DRAX Direct (TTD, Google DV360)8,000+ simultaneous video ad campaign managementMagnite-powered aggregation of ~30 DSPsCross-platform inventory unification (Hulu + Disney+)Automated yield optimization across all programmatic endpoints

Use cases

Programmatic CTV advertising on Hulu and Disney+Direct-sold campaign automation and yield managementAudience-targeted video advertising using Disney first-party dataCross-platform streaming campaign execution via TTD and DV360Premium brand advertising in a brand-safe streaming environmentBiddable media buying against Disney's streaming inventory

Customer segments

National brand advertisersAgency holding companies and trading desksProgrammatic buyers via The Trade DeskProgrammatic buyers via Google DV360DSPs connected through Magnite aggregationDirect-sold advertising partners

Tech & specs

Technology stack

Real-time bidding (RTB) auction infrastructureFirst-party identity and audience graphMagnite SSP integration layerDirect API pipes to The Trade Desk and Google DV360Video ad serving (VAST/VMAP)Streaming ad insertion (server-side ad insertion / SSAI)Cloud-based auction and decisioning infrastructure

Security & compliance

CCPACOPPAIAB Tech Lab standardsBrand safety controls

Deployment

Cloud

API

Limited

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