Teatro La Fenice (la feˈniːtʃe, "The Phoenix") is an opera house in Venice, Italy. It is one of "the most famous and renowned landmarks in the history of Italian theatre" and in the history of opera as a whole. Especially in the 19th century, La Fenice became the site of many famous operatic premieres at which the works of several of the four major bel canto era composers – Rossini, Bellini, Donizetti, Verdi – were performed. Its name reflects its role in permitting an opera company to "rise from the ashes" despite losing the use of three theatres to fire, the first in 1774 after the city's leading house was destroyed and rebuilt but not opened until 1792; the second fire came in 1836, but rebuilding was completed within a year. However, the third fire was the result of arson. It destroyed the house in 1996 leaving only the exterior walls, but it was rebuilt and re-opened in November 2004. In order to celebrate this event the tradition of the Venice New Year's Concert started. Seven old theaters were active in Venice at the end of the eighteenth century, two for the production of plays and the others for music. The grandest of these was the Teatro San Benedetto, which stood on the site currently occupied by the Rossini cinema. Built by the Grimani family in 1755, it was subsequently assigned to the Nobile Società di Palchettisti (Noble Association of Box-holders). However, following a judicial ruling in 1787, this association was expelled and forced to give up the opera house to the noble Venier family, the owners of the land on which it was built. The association immediately proposed building a larger and more sumptuous opera house than the one it had lost, which would become the symbol of their changing fortunes and their capacity for ′rebirth′. It was therefore to be called La Fenice, like the mythical, immortal bird able to rise out of its own ashes, to symbolise the association's splendid rebirth after its misfortunes. The piece of land between Contrada Santa Maria Zobenigo and Contrada Sant'Angelo was bought for the purpose in 1790 and the private houses on it were demolished.