Located at 35 Avenue de Wagram in the 17th arrondissement, the theatre saw the premieres of numerous French operettas as well as Antonin Artaud's play Les Cenci.
[1][2][3] The theatre was built on the initiative of Paul Fournier and the Lutetia-Empire company which already owned a number of cinemas in Paris as well as two large music halls, the Théâtre de l'Empire [fr] on Avenue Wagram and the Bobino on Rue de la Gaîté.
[4][5][6] On 14 March 1928 the Folies-Wagram was inaugurated with a gala revue featuring Marie Dubas, Henri Garat, and the comedian Cariel.
The rare exception was the world premiere on 6 May 1935 of Antonin Artaud's play Les Cenci, a violent tale of incest, murder and betrayal.
After its summer closure in 1935, the theatre reopened in the autumn as the Théâtre de l'Étoile and continued its repertoire of operettas and revues.