Richie Sambora 3/31/20

Richie Sambora has sold the rights to his 186-song catalogue — including all of his Bon Jovi co-writes — to the song acquisition investment company Hipgnosis Songs Fund, according to Rolling Stone. Hipgnosis is owned by music mogul Merck Mercuriadis, who has purchased the catalogues of such artists as Taylor SwiftTimbaland, and Bruno Mars, among others. The dollar amount for Sambora’s deal with Hipgnosis has not been released.

Richie Sambora and Jon Bon Jovi co-wrote such legendary Bon Jovi classics as “You Give Love A Bad Name,” “Livin’ On A Prayer,” “Wanted Dead Or Alive,” “Bad Medicine,” “I’ll Be There For You,” “Born To Be My Baby,” “Lay Your Hands On Me,” “It’s My Life,” “Have A Nice Day,” “Who Says You Can’t Go Home,” among many more.

Sambora said in a statement announcing the deal, “These songs are very important to me and I feel very strongly that Merck 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.”

Richie Sambora told us that the seed to Bon Jovi’s success can be traced straight back to learning how to write good — and then great — songs: [“The foundation of it is obviously songwriting. When you finally learn how to write a song — it takes a while, because you suck for about five years — and then all of a sudden you find something, you strike a nerve that strikes a nerve with someone else. And that’s what songwriting’s about, it’s basically communicating with other people. And if you do that well enough, your audience and your fans are your mirror.”] SOUNDCUE (:21 OC: . . . are your mirror)

TL; DR

  • Richie Sambora has sold the rights to his nearly 186-song catalog to the song acquisition investment company Hipgnosis Songs Fund.
  • Sambora and Jon Bon Jovi co-wrote such legendary Bon Jovi classics as “You Give Love A Bad Name,” “Livin’ On A Prayer,” “Wanted Dead Or Alive,” “Bad Medicine,” “I’ll Be There For You,” “Born To Be My Baby,” “Lay Your Hands On Me,” “It’s My Life,” “Have A Nice Day,” “Who Says You Can’t Go Home,” among many more.

FAST FACTS

  • Back on April 2nd, 2013 at Calgary’s Scotiabank Saddledome, Richie Sambora was a no-show for the rest of Bon Jovi‘s massive world tour. As they did during Sambora’s 2011 hiatus, the band soldiered on, touring the globe selling out stadiums with session guitarist Phil “X” Xenidis once again filling in for Sambora. Phil “X” has since been made an official member of Bon Jovi.
  • In 2018, Richie Sambora revealed to Rolling Stone his reasons for quitting the band: “What happened is that, (being) in such a huge organization. Tours are 16-and-half months. The last tour I did with the band was 18-and-a-half months. You miss a lot of life, man. You come home: S*** changed. Divorce, birth, death, this. Normal life’s ups and downs. Little tragedies. Love, joy. You miss all those things a lot of times in your incubation mode. Like I said, we weren’t a band that took a lot of time off. My daughter needed me at that time; my dad’s dying of cancer. I was in the middle of a s****y divorce, and I busted my shoulder up. . . And it was like, ‘Y’know, I think the universe is telling me to take a break for a while.’ I needed to do something different, and quite frankly, I wanted to sing! I wanted to be a lead singer. . . A lot of the bands I was in before, I was the lead singer, and I missed it, and it was just time at that point.”
  • Richie Sambora reunited with Bon Jovi for the band’s 2018 Rock and Roll Induction.