D'Oyly Carte Opera Company create new operas for the company upon six months' notice. Sullivan had not intended immediately to write a new work with Gilbert, but he suffered a serious financial loss when his broker went bankrupt in November 1882 and must have felt the long-term contract necessary for his security. But he soon felt trapped. Gilbert scholar Andrew Crowther comments, regarding the agreement: "Effectively, it made [Gilbert and Sullivan] Carte's employees – a situation which created its own resentments." The partnership's next opera, "Princess Ida", opened in January 1884. Carte soon saw that "Ida" was running weakly at the box office and
Gilbert and Sullivan was knighted during the first repertory season. After Sullivan's death, Gilbert wrote only one more comic opera, "Fallen Fairies" (1909; music by Edward German), which was not a success. Gilbert died in 1911, and Richard's son, Rupert D'Oyly Carte, took over the opera company upon his step-mother's death in 1913. His daughter, Bridget, inherited the company upon his death in 1948. The D'Oyly Carte Opera Company toured nearly year-round, except for its many London seasons and foreign tours, performing exclusively the Gilbert and Sullivan operas, until it closed in 1982. During the 20th century, the company gave well over 35,000