I guess that explains him being with Merck Mercuriadis on the red carpet at the Aerosmith tribute thingy. And maybe hanging out with Nile Rodgers, too.

So, I have a question. I'm a little confused about what Hipgnosis is and what they acquired in the purchase. It's described as an "IP investment and song management" company. The article I read said: "Hipgnosis has acquired 100% of Richie Sambora’s publishing and writer’s share royalties in his catalog..." What does that mean in layman's terms?