In the theatre both authorial plays and works by well-established modern authors; such as G. Apollinaire, A. Jarry, J. Cocteau, A. Breton, F. T. Marinetti, and V. Nezval were performed.

[2] In 1927 the theatre moved to Umělecká beseda and in that time Jiří Voskovec and Jan Werich first appeared on the stage with their own play Vest Pocket Revue, a montage of Dadaist gags, intellectual humour and jazz songs.

In the same year the young pianist and composer Jaroslav Ježek joined them, and together with Werich and Voskovec represented the core of the theatre group during its whole existence.

In that very successful play (191 reprises[5]), the authors for the first time warned against the danger of Nazism, and the theatre began to be regarded as political.

In 1934 Osvobozené divadlo began to present another play, Kat a blázen, whose criticism of Nazism was very sharp, straight and consistent.

The theatre was officially closed on 10 November 1938,[6] and in January 1939 Voskovec, Werich and Ježek were forced to emigrate to the United States.

Werich and Voskovec (Ježek died in 1942 in New York City) came back from exile and attempted to restore Osvobozené divadlo, but the social atmosphere in post-war Czechoslovakia was different and not very friendly towards their kind of satire.