According to UN Environment, by 2050, there could be more plastic than fish in our oceans. That's why the Economist is hosting its 5th World Ocean Summit right now. Lisa Emelia Svensson is the Global Director for Ocean at UN Environment and she joined Cheddar from the Summit. Svensson explains that the focus of this year's summit is to grow awareness around issues facing the ocean and to partner with private sector businesses that can bring financing and innovation to the space. Svensson stresses the importance of protecting the coral reef as well. Coral reefs not only protect coastlines, but the beautiful organisms serve as major tourist attractions across the world. The dual financial impact makes protecting reefs essential for conservationists and governments alike.

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Universal Music and AI song generator Udio partner on new AI platform
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
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