Universal Picture's romantic musical comedy Mamma Mia! The Moviehas become the highest grossing movie ever to be released in the UK. It has beaten Titanic which held the record since 1998.

To date Mamma Mia! The Moviehas grossed £69, 066, 035 ($132,174,741)as compared with Titanic 's £69,025,646 ($114,375,495*).

The record was broken a few days after the film picked up two Golden Globe nominations for best picture (musical or comedy) and best actress (musical or comedy) for star Meryl Streep.

David Kosse, president of Universal Pictures International said: 'For Mamma Mia! The Movie to make history in this way and beat Titanic, which has held the record in the UK since 1998, is truly phenomenal. This film has exceeded our expectations and delighted audiences around the world since it opened in July. This box-office record is a tribute to producer Judy Craymer, director Phyllida Lloyd and our brilliant cast who worked so hard on this film.'

Now in its 23rd week of release in the UK, Mamma Mia!The Movie has become the number one film of the year in 15 countries including Austria, Germany, the Netherlands, New Zealand, Greece, Hungary, Norway, Portugal, South Africa, Spain, Cyprus, Iceland, Slovenia and Sweden.

It recently crossed the $570 million mark worldwide becoming one of Universal's top grossing and most profitable movies ever.

*using relevant 1998 exchange rate