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 well, and on 13 May 1883, at a party to celebrate the composer's 41st birthday, the guests, including the Prince of Wales (later Edward VII), heard a direct relay of parts of "Iolanthe" from the Savoy. This was probably the first live "broadcast" of an opera. During the run of "Iolanthe", in 1883, Sullivan was knighted by Queen Victoria. Although it was the operas with Gilbert that had earned him the broadest fame, the honour was conferred for his services to serious music. The musical establishment, and many critics, believed that this should put an end to his career as