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The 'I Won't Back Down' rocker praises the 'Stay With Me' hitmaker for doing the right thing by sharing the royalties and songwriting credits.
Petty is given a 12.5 percent songwriting credit on 'Stay With Me' after Smith acknowledges the similarities between the 2014 hit and the veteran singer's 1989 song 'I Won't Back Down'.
After waiting for 37 years, the singer finally has his first No. 1 album on the chart with 'Hypnotic Eye' which is his latest LP with the Heartbreakers.
The frontman of Tom Petty and the Heartbreakers reimburses ticketholders who came to their shortened June 8 gig.
Tom Petty and The Heartbreakers are forced to end their set early after the Los Angeles Fire Department claimed the venue was over capacity.
Rocker Tom Petty staged a special live version of his satellite radio show for fans on Thursday when he chatted and played his favourite music in a Hollywood studio.
The rocker has written 'Running Man's Bible' during a flood of emotions about Howie Epstein's death.