The theatre, which celebrated its 100th anniversary in 2024, is presently known as the Teatro Tivoli BBVA as a result of sponsorship by the Banco Bilbao Vizcaya Argentaria.

Several pieces were considered daring or avant-garde for that time in Portugal, although Ferro went on to be in charge of propaganda for the conservative Estado Novo dictatorship.

It also attracted numerous musicians, such as the composers and conductors Igor Stravinsky, Thomas Beecham, and Frederico de Freitas, pianists such as Sequeira Costa, Maria João Pires, Arthur Rubinstein and José Viana da Mota, the violinist Yehudi Menuhin, and the cellist Guilhermina Suggia.

From the 1970s the theatre became more international in its outlook, putting on plays written by playwrights such as Terence Frisby, Peter Luke, Francis Veber, Jean Anouilh, and Neil Simon.

[1][2][3][4] Teatro Tivoli is in a neoclassical style, with accentuated shapes and a domed roof covered in black tiles, making it a unique example of its kind in Lisbon.

Lino originally proposed a decoration that mainly consisted of some polychrome ceramic bouquets in great relief, in a modern style and very bright colours but he failed to convince Lima Mayer.