Hard Promises is the fourth album by Tom Petty and The Heartbreakers released in May, 1981. Its original working title was Benmont's Revenge. It features guest vocals from Stevie Nicks of Fleetwood Mac on the duet "Insider". They would also record the hit "Stop Draggin' My Heart Around" for Nicks' album Bella Donna.
This was the second Tom Petty album on the Backstreet Records label. The album's release was delayed while Petty and his distributor MCA Records argued about the list price. The album was slated to be the next MCA release with the new list price of $9.98, following Steely Dan's Gaucho and the Olivia Newton-John/Electric Light Orchestra Xanadu soundtrack. This so-called "superstar pricing" was $1.00 more than the usual list price of $8.98. Petty voiced his objections to the price hike in the press and the issue became a popular cause among music fans. Non-delivery of the album or naming it Eight Ninety-Eight were considered, but eventually MCA decided against the price increase.
The album's title comes from a line in the chorus of "Insider".
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