Fascinating...I have little doubt this was part of the impetus behind _Ruled Britainnia_, a Turtledove alt-history in which the Second Spanish Armada successfully invaded England, and the story is told from Shakespeare's perspective as the main character involved in the interactions of new plays of his and the brewing political unrest.
It's one of my favorite books, if only because much of the conversation is allegedly in free verse and I end up unable to speak correctly for 10-30 mins after a good reading session.