UPDATE #2: After about half a day of speculation, rumors, and false reports, Buzzfeed reports that Tom Petty has died at the age of 66 at 8:40 PST via a statement from his longtime manager, Tony Dimitriades.
“On behalf of the Tom Petty family we are devastated to announce the untimely death of our father, husband, brother, leader and friend Tom Petty. He suffered cardiac arrest at his home in Malibu in the early hours of this morning and was taken to UCLA Medical Center but could not be revived. He died peacefully at 8:40 p.m. PT surrounded by family, his bandmates and friends.”
UPDATE: According to TMZ, Petty is currently still clinging to life, but a chaplain has been called to his hospital room. The family apparently has a do not resuscitate order in place, and the singer is not expected to live throughout the day.
The LAPD confirmed their initial information provided was incorrect in a series of tweets from their official account:
Original story below.