Newswire: Tom Petty releases pretty chill statement about the Sam Smith controversy

Having privately agreed to a settlement in his favor, Tom Petty is now happy to release a statement on his website saying he’s totally cool with this whole Sam Smith controversy. Earlier this week, Smith awarded Petty and Jeff Lynne songwriting credit on his song “Stay With Me,” which, as seen in this mash-up video, is remarkably similar to Petty’s “I Won’t Back Down.” Petty and Lynne will now split 25 percent of the songwriting royalties for the hit single, and Petty’s statement clarifies that he “never had any hard feelings towards Sam.”

Petty also notes, “All my years of songwriting have shown me these things can happen. Most times you catch it before it gets out the studio door but in this case it got by.” Having had no need for a lawsuit, Petty can now confidently announce, “The word ‘lawsuit’ was never even said …

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