The Original Globe
The Globe was owned by many actors, who (except for one) were also shareholders in the Lord Chamberlain’s Men. Two of the six Globe shareholders, Richard Burbage and his brother Cuthbert Burbage, owned double shares of the whole, or 25% each; the other four men, Shakespeare, John Heminges, Augustine Phillips, and Thomas Pope, owned a single share, or 12.5%. (Originally William Kempe was intended to be the seventh partner, but he sold out his share to the four minority sharers, leaving them with more than the originally planned 10%). These initial proportions changed over time, as new sharers were added. Shakespeare’s share diminished from 1/8 to 1/14, or roughly 7%, over the course of his career.
The Globe was built in 1599 using timber from an earlier theatre, The Theatre, that had been built by Richard Burbage’s father, James Burbage, in Shoreditch in 1576. The Burbages originally had a 21-year lease of the site on which The Theatre was built, they dismantled The Theatre beam by beam and transported it over the Thames to reconstruct it as The Globe.
On June 29, 1613, the Globe Theatre went up in flames during a performance of Henry the Eighth. A theatrical cannon, set off during the performance, misfired, igniting the wooden beams and thatching. According to one of the few surviving documents of the event, no one was hurt except a man who put out his burning breeches with a bottle of ale.
Like all the other theatres in London, the Globe was closed down by the Puritans in 1642 after it was rebuilt in 1614. It was destroyed in 1644 to make room for tenements. Its exact location remained unknown until remnants of its foundations were discovered in 1989 beneath the car park of Anchor Terrace on Park Street (the shape of the foundations are replicated in the surface of the car park). There may be further remains beneath Anchor Terrace, but the 18th century terrace is listed and therefore cannot be disturbed by archaeologists.

