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Hipgnosis signs Bon Jovi’s Richie Sambora

By | Published on Monday 30 March 2020

Hipgnosis Songs Fund

The Hipgnosis Songs Fund has announced its latest deal, scooping up the publishing catalogue of Bon Jovi guitarist Richie Sambora. The deal covers Sambora’s contributions to Bon Jovi’s catalogue, as well as his own solo releases and songs written for and with other artists, including Cher and LeAnn Rimes.

“I’m very privileged to have had the incredible success I have achieved as a songwriter and artist to date”, says Sambora. “These songs are very important to me and I feel very strongly that [Hipgnosis boss] Merck [Mercuriadis] is the only person I could have entrusted my babies to. I believe the work he is doing that has transformed the way that the world looks at the power of great songs and the songwriting community is very special. I look forward to working with him and his Hipgnosis team to deliver more success for all of us”.

Mercuriadis adds: “In uncertain times such as this you are reminded of the power of great songs and great music, and amongst the greatest set of songs of the last 35 years are the incomparable songs Richie Sambora co-wrote for Bon Jovi and other great artists. He’s a musician’s musician and a songwriter’s songwriter and is one of the very precious few that is an inductee of both the Songwriters Hall Of Fame and the Rock & Roll Hall of Fame. I am delighted to welcome Richie to the Hipgnosis family and look forward to working closely with him for many years to come on this elite set of songs”.

Hipgnosis, of course, aims to persuade investors to put their money into music rights rather than more traditional investment portfolios. The company reckons that it can provide reliable and significant returns, while bringing in a new source of investment for the music industry. Other catalogues it currently owns include those of Timbaland, The Chainsmokers, Benny Blanco, Kaiser Chiefs, Dave Stewart and Bernard Edwards.