Bon Jovi’s Richie Sambora Is the Latest Victory for Merck Mercuriadis
Richie Sambora is selling the rights to his nearly 200-song catalog to song-acquisition investment company Hipgnosis Songs Fund, Hipgnosis announced on Monday.
Financial details between the company and the former Bon Jovi guitarist weren’t specified, but given Merck Mercuriadis’ reputation to overpay for his acquisitions and the number of hits Sambora co-wrote, it’s safe to assume Sambora is walking away with a hefty paycheck. Still, the real winner here is music-manager-turned-investor Mercuriadis, who just added “Livin’ on a Prayer,” “You Give Love a Bad Name,” and “Wanted Dead or Alive...
Financial details between the company and the former Bon Jovi guitarist weren’t specified, but given Merck Mercuriadis’ reputation to overpay for his acquisitions and the number of hits Sambora co-wrote, it’s safe to assume Sambora is walking away with a hefty paycheck. Still, the real winner here is music-manager-turned-investor Mercuriadis, who just added “Livin’ on a Prayer,” “You Give Love a Bad Name,” and “Wanted Dead or Alive...
- 3/30/2020
- by Ethan Millman
- Rollingstone.com
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