Considering Liszt’s legacy, one should consider his multifaceted influence in the following fields: Firstly, Liszt was the ‘inventor’ of the symphonic poem. This new genre, which connects music and literature (or other arts), had a significant impact on symphonic music, mainly outside Germany. Schoenberg and Bartók, who both wrote symphonic poems at the beginning of their careers, were the first to give an assessment of Liszt’s significance for the twentieth century. Secondly, Liszt’s pianistic style (as composer and arranger) gave a model for virtuoso piano writing. Thirdly, some special characteristics of his compositions, in particular, the technique of thematic transformation in connection with large-scale form during the Weimar period, and advanced harmonic progressions becoming more obvious in the late works after 1872, have led musicologists to label him as a forerunner of twentieth-century new music. Finally, as the twenty-first century has approached, some composers have continued to draw on the works of the late Liszt for concrete inspiration.