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 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, Euro dance 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. Manic Street Preachers - Motorcycle Emptiness
02. The Cranberries - Dreams
03. R.E.M - Drive
04. Tori Amos - Crucify
05. Madonna - Erotica
06. Nirvana - Lithium
07. Sade - No Ordinary Love
08. Shakespeare's Sister - Stay
09. Neil Young - Harvest Moon
10. Electronic - Disappointed
11. The Cure - Friday, I'm in Love
12. Annie Lennox - Why
13. Sophie B. Hawkins - Damn, I Wish I Was
Your Lover
14. Alice in Chains - Would?
15.
16. The Sisters of Mercy - Temple of Love (1992)
17. Ride - Twisterella
18. Nirvana - Come As You Are
19. Marc Almond - Days of Pearly Spencer
20. Neil Young - Harvest Moon
21. Opus III - It's a Fine Day
22. Pulp - Babes
23. The Future Sound of London - Papua New
Guinea
24. Faith No More - Midlife Crisis
25. The Cure - High
26. U2 - Even Better Than The Real Thing
27. Orbital - Halycon
28. Tasmin Archer - Sleeping Satellite
29. Tori Amos - Silent All These
Years
30. Bruce Springsteen - Human Touch
31. George Michael - Too Funky
32. Snap - Rhythm is a Dancer
33. R.E.M. - Man on the Moon
34. Siouxsie and the Banshees - Face to
Face
35. Erasure - Breath of Life
36. Sonic Youth - 100%
37. Verve - Superstar
38. Madonna - Deeper and Deeper
39. Prodigy - Out of Space
40. Metallica - Where ever I May Roam
41. Shakespeare's Sister - I Don't Care
42. Annie Lennox - Walking on Broken Glass
43. Jesus and the Mary Chain - Reverence
44. Red Hot Chill Peppers - Under The
Bridge
45. U2 - One
46. 2 Unlimited - Twilight Zone
47. Felix - Don't You Want Me
48. Elton John - The One
49. Ace of Base - All That She Wants
50. Lightning Seeds - Life of Riley