Hollywood: Counting Their Losses
By Marilyn Beck
Saskatoon Star-Phoenix — May 20, 1987
Tom Petty’s wife, Jane, speaking of the $800,000 fire that ravished the family’s Encino home early this week, says, “I’ve lost everything — tapes, pictures — everything’s gone. I can’t believe it.”
The Pettys and their two young daughters were unharmed in what is suspected to be an arson-instigated fire. Tom’s basement recording studio, which contained his guitars and master recordings, was spared.
According to firefighters on the scene, Tom discovered the fire in the rear porch of the million-dollar house, but by the time he returned with a hose it was out of control. No decision has yet been made about whether the house will be restored.