News Brief: Ticketfly Gets $12M, Tornado Destroys Malaco, Tweetdeck Sale?, Sonos, 1Band1Brand, More

• Ticketing provider Ticketfly has raised $12 million in Series B funding, bringing total capital raised to $15 million. This round was led by Mohr Davidow Ventures with participation from existing investors.
• The legendary Malaco Records offices and studio were destroyed by a tornado. (Spinning Soul)
• Sirius XM has fulfilled one of the conditions of its merger by leasing channels basis to minority broadcasters. The 7 channels represent 4% of Sirius XM's full-time channels. (FMQB)

MORE:

• Twitter is in talks to buy Tweetdeck. (WSJ)
• Why Subscription May Not Be The Panacea In Entertainment (paidContent)
• Sonos gets some big upgrades including an Android controller and Airplay support. (SAI)
• Spotify has updated it's Android app.
• Copyright law in Britain is 'crazy'. Britain needs to radically update its copyright laws, which criminalise millions of consumers who use iPods, according to a leading watchdog. (Telegraph)
• Music and fasion site 1band1brand offers group buying style daily deals. (Mashable)
• Tod Machover, Professor of Music & Media at MIT's Media Lab, will keynote Rethink Music next week in Boston. Machover has been called “America’s most wired composer” by the LA Times, and is the inventor of hyper instruments for Yo-Yo Ma, Prince and Guitar Hero. 
• Not Just YouTube's Copyright School Video That Has Problems… The Quizzes Are Misleading Too. (Techdirt)