Following Freddie Mercury's death in November 1991, one of the significant events of 1992 was his tribute concert held five months later. Tickets for the event sold out within three hours of going on sale, despite no performers being announced apart from the remaining members of Queen. A star-studded lineup including Elton John, George Michael, Axl Rose, Metallica, Annie Lennox, and many others paid tribute to the late Freddie Mercury.
In the same year, Kylie Minogue ended her longstanding collaboration with Stock Aitken Waterman, with whom she had been recording music since 1987. Meanwhile, George Michael took on a different battle with Sony, filing a lawsuit against them for allegedly failing to promote his album "Listen Without Prejudice Vol. 1." However, he would ultimately lose the case in June 1994.
In November of 1992, Factory Records was declared bankrupt. The label, founded in 1978 by Tony Wilson and Alan Erasmus, boasted releases by iconic acts such as Joy Division, New Order, OMD, and others from the 80s. Their catalogue was subsequently sold to London Records.
On the UK charts, "Bohemian Rhapsody" made a return to the hit list in January. Shakespeare's Sister enjoyed the longest-running number one with "Stay," topping the charts for eight weeks. Additionally, Eurodance had a standout year, with Snap's "Rhythm is a Dancer" holding the top spot for six weeks.
Erasure also made a comeback in 1992 with their Abba tribute, topping the charts for five weeks in June with their "Abba-esque" EP, featuring the hit "Take a Chance on Me."
01. R.E.M. - Automatic for the People
02. Tori Amos - Little Earthquakes
03. Sade - Love Deluxe
04. The Cure - Wish
05. Madonna - Erotica
06. Ride - Going Blank Again
07. Alice in Chains - Dirt
08. Shakespear's Sister - Hormonally Yours
09. Annie Lennox - Why
10. The Jesus and Mary Chain - Honey's Dead
11. The Boo Radley's - Everything's Alright Forever
12. Bel Canto - Shimmering, Warm & Bright
13. The House of Love - Babe Rainbow
14. Stereolab - Peng!
15. Swans - Love of Life
16. Stereo MCs - Connected
17. The Lightning Seeds - Sense
18. The Sundays - Blind
19. Pulp - Separations
20. The Shamen - Boss Drum
21. Lush - Spooky
22. Nick Cave & The Bad Seeds - Henry's Dream
23. Snap! - Madman's Return
24. En Vogue - Funky Divas
25. Roxette - Tourism