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It was built in 1898 as the Kaiser-Jubiläums-Stadttheater (Kaiser's Jubilee Civic Theatre), originally producing only plays. Because of the very brief construction period (10 months) the first director Adam Müller-Gutenbrunn had to start with debts of 160,000 gulden. After this inauspicious startup the Kaiser-Jubiläums-Stadttheater had to declare bankruptcy five years later in 1903. (Wikipedia)

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