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'Livin' on a Prayer' is one of the most loved songs of the popular American singer and songwriter

"There’s no shields up on this project. Everybody showed warts and all," says Bon Jovi

Other artistes at the gala are Eddie Vedder, Alice Cooper, Willie Nelson, Kenny Chesney and Steven Van Zandt.

The song is part of the band's upcoming album 

The new version was recorded at London's Abbey Road Studios earlier this year, with a few tweaks to the lyrics.