By December, the "Time to Say Goodbye" single, released on 15 November 1996 through East West, had reached number one on the German singles chart, with sales estimated at 40,000–60,000 per day and projected for at least one million by the end of the year. Both singers' albums also received a boost in sales. Airplay on German radio stations such as Norddeutscher Rundfunk was well received by listeners. By February of the following year, the single had broken the all-time sales record in Germany with 1.65 million sales, and would eventually get certified 11× Gold for selling over 2,750,000 copies.
Since its release, the song has spawned numerous other versions and been performed by numerous other singers. Notable alternative versions include "Por ti volaré", a Spanish version with significantly modified lyrics.
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