The company swung to a net profit of €6.7 million ($7.7 million) in the first half of 2026, reversing a net loss of €7.6 million ($8.9 million) last year.
"We hope music can be heard and loved for what it is, rather than being divided by region or language," they said, in a statement translated from Korean.
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Downs continue to oversee SD's Digital Operations team, while taking what the company called "strategic ownership, governance, and long-term operational direction" across its core platform infrastructure.