The shooting of the third season was canceled because the cast wasn’t interested in it. However, in 2004, Erreway released another LP Memoria. The songs from it became part of the original soundtrack for the new Cris Morena’s project “4 Roads”. Once more, four popular teenagers starred in it. The film received negative reviews but was commercially successful. The single “Memoria” became the most successful song in the band’s career. It was the also the most popular song Cris Morena has ever written. It topped Argentinian Single Chart.
Unfortunately, after a long tour to support the LP, Erreway started falling apart. Luisana Lopilato was the first one to refuse participation in the new tour due to a lack of time.
In the summer of 2006, Bordonaba and Colombo went on a tour in Spain to support a compilation album Erreway un Concierto released by Warner Music Spain. In 2007, as a trio, they performed at the Spain music fest Sunny Happy Day and released a new collection of their best songs Erreway Presenta Su Caja Recopilatoria.
After this, the band fell apart and the members pursued solo careers.
Luisana Lopilato starred in three big films: Los Secretos de Papa, Pensionados, Casado con Hijos.
Camila Bordonaba got a small role in the series Floricienta and starred in El Patron de la Vereda.
Felipe Colombo got secondary roles in Rincon de Luz and Culpable de Este Amor.
Benjamin Rojas starred in the series Floricienta.
In 2012, Felipe Colombo, Benjamin Rojas, and Willie Lorenzo formed a new band Roco.
Although Erreway broke up 10 years ago, Felipe recently announced that he is hoping to reunite the band for a concert tour in Europe and South America