 Tom Petty and the Heartbreakers received a star on the Hollywood Walk of Fame in 1999, for their contribution to the recording industry.In December 2001, Tom Petty and the Heartbreakers were inducted into the Rock and Roll Hall of Fame in New York.Petty received the "Billboard" Century Award, the organization's highest honor for creative achievement, at a ceremony on December 6, 2005, during the "Billboard" Music Awards at the MGM Grand Garden Arena in Las Vegas.