Meyerhold’s story is important because it signifies the changes in the arts and theater that were occurring in this time. Also, his story signifies a classic ‘rags to riches’ story in which someone who has lost everything (or never really had anything) returns and is successful.
More to the point, though, it’s interesting how this story demonstrates how historically tied Russia and Eastern Europe are. The fact that Meyherhold moved his company from Russia to Georgia at one point, and then later moved back, represents these historical ties. After all, Russian is often spoken in this countries, and the strength of the ideas and cultural exchanges between the two cannot be understated. This also shows how today, after being used to having the countries on its borders have a cultural allegiance with Russia for centuries, Russia is so intent on keeping the countries in Eastern Europe within its sphere of influence. As it stands today, Russia will do anything to keep these countries on its side in a time of tensions between Russia and the West.