As you may know, The Future of Music Coalition Policy Summit is taking place right now. As you may not know, they have a live webcast running that you should check out. In the meantime, here's some of the highlights of the quotes that have been floating around Twitter this afternoon and AM.

• gregkot: Sign of Apocalypse? Bertis Downs, R.E.M. mgr, says band's music will be showcased on "Glee." #FMC10

• slwEvent: Technology is disruptive, but you need it to have progress.

• DavidDufresne: John Strohm is right: Labels are filters and help fans know where to pay attention. Attaching an artist's brand to a label's brand.

Read A Few More After The Jump:

• marcuskdowling RT @mynameisrene: #fmc10 An artist's well thought out goals will help determine which new tools and which strategies to use. Focus on goals.

• driver49 Face it, kids, simple economics, supply and demand: if the supply is infinite, the unit price is headed for zero. #fmc10

• PhilBeaudoin RT @DavidDufresne: Industry: stop worrying about mp3s people have on their iPods, and start caring about the few tracks they actually enjoy #FMC10

• ckapadia RT @bypuck #FMC10 soundscan measures a musician's popularity like SAT scores measure intelligence-Amy Blackmam @ozomatli

• TGRIOnline RT @LunchBoxTheory: " I think there is room for artists to fail commercially" - Genius #fmc10

• alvinalderete RT @TheTechTease: 95 percent of content downloaded is illegal content - Victoria Espinel, US Intellectual Property Enforcement Coordinator #FMC10

• MattSummers Not surprising RT @zackolantern Over half of Pandora's users are accessing the service on a mobile device #FMC10

• copycense Pierson: More income buckets today [in music industry], but smaller buckets. #FMC10 /via @slwEvent