Watch FMovies. In the words of the prestigious German weekly 'Die Zeit,' the stage production of Wagner's 'Rheingold' and 'Walküre' by La Fura dels Baus 'quite possibly shows us the path that musical theater will be taking in the future.' There's no doubt about it: the Catalan city of Valencia is setting new accents in 21st-century opera not only with its spectacular new theater designed by Santiago Calatrava, but also with its visually transfixing production of Wagner's 'Ring' staged by Carlus Padrissa and his theater group La Fura dels Baus.