No. The vocals performed by Wahlberg's character, Chris Cole, are provided primarily by Mike Matijevic (pronounced Mah-tee-ah-vich), singer for the band Steelheart. The songs sung by the character Bobby Beers are provided by Jeff Scott Soto, singer for Yngwie Malmsteen's band, among others.
Many rock music writers, critics and historians point to the emergence of popularity of the "Seattle sound", also known as "grunge" or "alternative", as the next wave of popular rock that marked the so-called death knell for heavy metal, which had enjoyed such widespread success in the 1980s. Bands of the Seattle sound included Pearl Jam, Soundgarden, The Melvins, Screaming Trees and perhaps most famously, Nirvana. Bands that became increasingly popular that weren't from Seattle were Smashing Pumpkins (Chicago), Soul Asylum (Minneapolis), Stone Temple Pilots (LA).