January 30 – The Rock and Roll Hall of Fame holds its first induction ceremony with many rock pioneers attending.
May 28 – The Monkees held a press conference at the Hard Rock Cafe in New York City to officially announce that they would embark on a 100-plus city tour. The tour became one of the biggest grossing tours of the year.
June 10 – Bob Geldof is awarded with a knighthood in recognition of his work in organizing Live Aid and other concerts that raised millions of dollars for the starving people of Africa.
June 30 – Madonna releases her “True Blue” album, which tops the charts in over 28 countries & becomes the best selling album of 1986.
September 27 – A tour bus carrying the heavy metal band Metallica crashes in Sweden, killing their influential bassist, Cliff Burton.
November 17–18 – Billy Eckstine makes his final recordings, later released on his album Billy Eckstine Sings with Benny Carter.
December 12 – The Smiths play Brixton Academy, their last ever gig before their dissolution.
Approximate date – Axé (music) originates in Salvador, Bahia, Brazil.
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