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In England in the sixteenth century all players had to belong to companies, and companies had to have the patronage of a nobleman, otherwise all the players within the company could be arrested for vagrancy. The nobleman didn’t pay them directly, but they could be summoned to perform privately for his guests. The main troupes of the Elizabethan period were The Earl of Leicester’s Men, The Queen’s Men, Lord Strange’s Men, The Lord Chamberlain’s Men, and the Admiral’s Men. The company was financed by a handful of shareholders and lead actors were usually a shareholder in their company.
You can read more about Elizabethan stage craft here:
https://cjarcher.com/cjs-books/lord-hawkesburys-players-series/elizabethan-players/