The Old Vic and Laurence Olivier as its stars, performing mainly at the New Theatre (now the Noël Coward Theatre) until the Old Vic was ready to reopen in 1950. In 1946, an offshoot of the company was established in Bristol as the Bristol Old Vic. In 1963, the Old Vic company was dissolved and the new National Theatre Company, under the artistic direction of Lord Olivier, was based at the Old Vic until its own building was opened on the South Bank near Waterloo Bridge in 1976. In July 1974 the Old Vic presented a rock concert for the first time. National
The Old Vic son David Mirvish installed Jonathan Miller as artistic director of the Old Vic and the theatre enjoyed several critical successes – including an Olivier Award for a production of the musical "Candide", but suffered three straight years of financial loss. In 1990, Mirvish terminated Miller's contract over budgetary issues, earning much negative criticism in the British press. In 1997, Mirvish appointed Sir Peter Hall as artistic director and, again, enjoyed critical acclaim with such productions as "The Master Builder" with Alan Bates and "Waiting for Godot" with Ben Kingsley, but continuing financial loss. Within a year of the appointment, Mirvish