Opened in 1975, the Samillo Changgo Theater has earned itself a significant place in the history of performance arts in Korea by producing many actors and actresses (including Chu Song-ung, Park Jeong-ja, Jeon Mu-song, Choi Jong-won, Yu In-chon, and Myeong Gye-nam) and directors.
During the dictatorship period, the theater introduced experimental works by young stage artists and was regarded as a culturally liberated zone for artists and audiences alike. However, Myeong-dong gradually turned into a commercial district and the theater was closed down due to financial difficulties, although it was eventually reopened thanks to the efforts of cultural and art circles and support from the government.