The Project changes hands. A few hours before one of the most important concerts for the Barcelona promoter of the year, Estopa's end-of-tour concert at Palau Sant Jordi, it was announced that it has been acquired by the record company Warner Music, at a time when the sector sells fewer records and extends its reach to more profitable businesses such as live music.
The Project thus begins a new stage with one of the three major record companies in the world, as reported by Expansión. Created in 1988 by Joan Roselló and Tito Ramoneda, with Iñaki Martí joining as a partner in 2004, the promoter has a portfolio of artists such as Sabina, Sílvia Pérez Cruz, Ismael Serrano or Andrea Motis, and organizes established festivals in the city such as Guitar BCN and some in Catalonia such as Porta Ferrada. Until a few years ago, it managed the Barts venue, now converted into Sala Paral·lel 62.
The promoter, awarded the artistic gold medal by the Barcelona City Council, organizes more than 400 concerts a year with an average attendance of over 500,000 spectators. With a history of more than 25 years, it has accumulated experience in more than 10,000 musical events.