The Theatre Royal is the oldest theatre in Glasgow and the longest running in Scotland. Located at 282 Hope Street, its front door was originally round the corner in Cowcaddens Street. It currently accommodates 1,541 people and is owned by Scottish Opera. The theatre opened in 1867, adopting the name Theatre Royal two years later. It is also the birthplace of Howard & Wyndham Ltd, owners and managers of theatres in Scotland and England until the 1970s, created by its chairman Baillie Michael Simons in 1895. It was Simons who as a cultural entrepreneur of his day also promoted the building of Kelvingrove Art Gallery and Museum and Glasgow's International Exhibitions of 1888 and 1901.

Howard & Wyndham Ltd was a theatre owning, production and management company named after John B. Howard and Frederick W. P. Wyndham, founded in Glasgow in 1895, and which became the largest of its type in Britain. The company continued well into the 20th century. Its theatres were eventually sold in the 1960s, and the shareholding came under American control.