The company was set up in 1977 when Lloyd Webber, frustrated with the terms of his contract with the impresarioRobert Stigwood, decided to take greater control over the management of his creative works. All Lloyd Webber compositions and productions created from that point have been owned by the company. The Really Useful Group was floated on the stock market in 1986. Four years later, Lloyd Webber took it back into private ownership, selling 30% to film and music group PolyGram to fund the cost of buying back shares. In 1995, PolyGram was bought by Canadian conglomerate Seagram, with the Really Useful stake being passed to its own film and music subsidiary, Universal. In 1999, Lloyd Webber paid $75m for Universal's 30% stake, giving the Really Useful Group 100% ownership of all the composer's works.
Really Useful Theatre Company
The Really Useful Theatre Company produces and manages plays and musicals, mainly, but not limited to those written by Andrew Lloyd Webber. It is also responsible for licensing its productions worldwide. In the 1990s, RUT mainly produced shows on its own, but more recently has again developed partnerships with other producers and production companies, notably Bill Kenwright, to produce its works, as it had done in the 1980s with Cameron Mackintosh. Among its productions and co-productions are:
Really Useful Films is responsible for the production of film versions of Andrew Lloyd Webber's catalogue. Until recently, these had consisted of lower budget straight-to-video versions of the shows, but 2004 saw Really Useful Films complete the major motion pictureThe Phantom of the Opera, directed by Joel Schumacher and starring Gerard Butler and Emmy Rossum, which was nominated for three Academy Awards and three Golden Globes. The film was a commercial success. It has also released DVD and video versions of Andrew Lloyd Webber's 50th birthday concert at the Royal Albert Hall, the 2001 Masterpiece – Andrew Lloyd Webber in China concert, and a musical version of the Gruffalo, with music and lyrics by Jon Fiber, Robin Price and Olivia Jacobs. The film director Nick Morris is regularly involved with the films division.
Really Useful Records
Really Useful Records produces cast albums of Andrew Lloyd Webber musicals. From 1986 until Lloyd Webber regained full control of the company in 1999, Really Useful Records had an exclusive deal with PolyGram to release albums through its Polydor label. Really Useful continues to release its albums and DVDs through Universal, current owners of PolyGram. Aside from cast albums, Lloyd Webber has also produced albums for Marti Webb, Sarah Brightman, Connie Fisher, Andrea Ross and Michael Ball via the label. The managing director of the record division is Tris Penna, who has recently overseen the remastered and re-release of a significant portion of the back-catalogue. Long-time Lloyd Webber collaborator Nigel Wright has served as co-producer on most Really Useful Records albums since 1990. Lee Mead, who won the lead role in 2007's West End revival of Lloyd Webber and Tim Rice's Joseph and the Amazing Technicolor Dreamcoat by taking part in BBC One's Any Dream Will Do! recorded a single of the song "Any Dream Will Do". The contest's third-placed Lewis Bradley and second-placed Keith Jack joined him on "Close Every Door To Me". Really Useful Records released the double-A side single to raise funds for the BBC's annual Children in Need charity appeal.
LW Theatres owns and manages six West End theatres:
Gillian Lynne Theatre
Her Majesty's Theatre
Theatre Royal, Drury Lane
The group also includes the Off West End venue The Other Palace, formerly known as the St. James Theatre. Lloyd Webber purchased the Palace Theatre in 1983, followed by the Gillian Lynne and the Adelphi. In 1999, Lloyd Webber and NatWest Equity Partners bought the Stoll Moss group, owners of 10 London theatres, including the London Palladium and the Theatre Royal, Drury Lane, for £85m from Australian businesswoman Janet Holmes à Court, and formed Really Useful Theatres. In 2004, operational control of the Queen's Theatre reverted from Really Useful Theatres back to Cameron Mackintosh's Delfont Mackintosh Theatres. The transfer of operational control of the adjoining Gielgud Theatre from Really Useful Theatres to Delfont Mackintosh Theatres followed two years later. On 11 July 2005, the company sold four theatres to Nimax Theatres Ltd, a company owned by Broadway producer Max Weitzenhoffer, who previously had been a rival bidder for the Stoll Moss theatres, and Nica Burns, production director of Really Useful Theatres. Lloyd Webber invested £10m of the proceeds from the sales in October 2005 to buy out his ownership partners Bridgepoint, and the group was renamed Really Useful Theatres Group. The Palace was sold to Nimax in 2012. In 2014, the group split into two companies, and the owner of the theatres was named Really Useful Theatres. In 2018, Really Useful Theatres changed their name to LW Theatres to avoid confusion with the other companies owned by Lloyd Webber.
Really Useful Magazines
Really Useful Magazines Ltd was formed to distribute Theatregoer magazine, a monthly magazine edited and published on the Really Useful Group's behalf by the publishing agency Axon Publishing. Published beginning in 2000, the magazine was available in conjunction with the programmes in all Really Useful Theatres. Its Editor-in-Chief was Madeleine Lloyd-Webber. Theatregoer magazine was sold to Bandwidth Communications, the publisher of Whatsonstage.com, in April 2005.
The Really Useful Group has, in the past, set up sub-labels to cater for pop and dance acts, such as Carpet Records, featuring Timmy Mallett's Bombalurina and Doctor Spin ; and It Records, home to My Life Story in the late 1990s. The name Carpet Records was a play on the acronym RUG, of the Really Useful Group.
The group on 27 June 2007 announced that it would donate all receipts from two special performances of a revived West End production of Joseph and the Amazing Technicolor Dreamcoat to the BBC's Children in Need charity appeal, which would benefit from ticket sales for 16 July's booked-out preview and the sold-out performance of 16 November, on the night of the annual Children in Need telethon. Cast members, the group added, would not get the usual first night gifts on 17 July – the money would, instead, go to Children in Need. Viewers of a BBC Onetelevision show, Any Dream Will Do! had voted 25-year-old West End ensemble player and understudy Lee Mead to take role of Joseph in the production. Children in Need had benefited by more than £500,000 in income from viewers' voting on premium-rate telephone lines, host Graham Norton said during the contest's 9 June 2007 final.