Opened at the Liberty Theatre on December 1, 1924. Closed September 12, 1925 after 330 performances — 9 months. Lady, Be Good! is a musical written by Guy Bolton and Fred Thompson with music by George and lyrics by Ira Gershwin. It was first presented on Broadway in 1924; the West End production followed in 1926. The story of the musical is about a brother and sister who are out of money; both are eager to sacrifice themselves to help the other. This was the first Broadway collaboration of the Gershwin brothers, and the Astaire siblings play a brother-sister dance team. Wiki link