In 1847 the institution inaugurated the opera house Gran Teatre del Liceu. In 1854, the Liceo Filarmónico and the Gran Teatre del Liceu separated administratively. Nevertheless, both entities have always remained closely linked.
Since 1999 Maria Serrat i Martín has assumed the General Direction and in 2002 the Spanish composer and musicologist Benet Casablancas assumed the academic direction of the Conservatori Superior de Música del Liceu.