In this article, Erika T. Lin explores theatrical performance as a material medium by considering which elements might have been privileged in the dramaturgy of Shakespeare and his contemporaries. After considering the strengths and weaknesses of Robert Weimann’s influential concepts of locus and platea, she offers an alternative model for understanding the authority of performance in early modern England, in which stage geography and actor–audience interactivity, two key components of Weimann’s formulation, are less important than the interplay between representation and presentation. Through an analysis of specific scenes from a number of Shakespeare’s plays, she argues that the moments most privileged in the early modern playhouse were those that foregrounded the semiotic system through which actions presented onstage came to signify within the represented fiction. Erika T. Lin is an Assistant Professor in the Department of English at the University of Louisville. She is currently writing a book entitled Shakespeare and the Materiality of Performance, and is also beginning work on a new project which examines seasonal festivities, folk drama, and professional theatre in early modern England.