Why Did the Lord Chamberlain's Men Change Their Name?

The Lord Chamberlain's Men, the acting company with which William Shakespeare was closely associated, changed its name in 1603 to the King's Men because James I ascended to the throne that year and took the troupe under his patronage. King James was a particular fan of the theater.

King James issued patent letters to the company, offering them support to continue their performances and promising to come to the plays when it was suitable for him to do so. Under this royal patronage, the King's Men performed at an indoor theater, the Blackfriars, as well as continuing to stage plays at the Globe.