How Tom Petty punched back at the music biz with “Refugee”

APAE e VOCÊ · May 17, 2023 · 12m

By the time Tom Petty & The Heartbreakers set out to record their third album, Damn The Torpedoes, they were in a legal mess with MCA Records over a contract sale which resulted in Petty losing all of his publishing rights, among other issues. In a drastic strategy to get the label off his back, he filed for bankruptcy and hid the master tapes of the material he, the band, and co-producer Jimmy Iovine were working on every day. That strategy worked, which resulted in a rare triumph for artists in the music business. When Damn The Torpedoes was released, it became their breakthrough, led by…