Though not originally in Saturday Night Fever, it has subsequently been added to the musical score of the West End version of the movie-musical. The song knocked "I Will Survive" by Gloria Gaynor off the top spot in the US for two weeks before that song again returned to #1 for an additional week. In the US, it would become the fifth of six consecutive #1s, tying the record with the Beatles for most consecutive #1s in the US.
In 1979, NBC aired The Bee Gees Special which showed how the sound effect for the explosion was created. Barry cupped his hands over a microphone and made an exploding sound. Several of these sounds were then mixed together creating one large boom heard on the record. The song is also playable on Rock Band 3.
In 1998, Steps covered "Tragedy", releasing it as a double A-side with "Heartbeat". It debuted at #2 on the UK Singles Chart, before climbing to the top spot in its eighth week, and achieving platinum status.