The Petty Archives

A Petty price to pay
The Miami News - February 16, 1981

Record album prices have climbed even more drastically than prices overall, and (of course) it looks as if the upward spiral has no end. Singer Tom Petty (of Tom Petty and the Heartbreakers) is making a brave stand against inflation. His parent record company, MCA, wants to market his next album at $9.98. Petty insists that it will be sold at the current $8.98 price or not at all. There could be a lawsuit before the matter is resolved, but Petty seems so certain he's going to win this argument that he's decided that the LP, scheduled for March release, will be titled "$8.98."