There are reports that Newcastle's City Hall, which had been under fear of closure, is safe and that it has a new owner.
It is understood that the Theatre Royal has struck a deal with the music venue in the city and an official announcement on the development is expected tomorrow.
Neither the Theatre Royal nor Newcastle City Council would comment tonight.
More details on that story to follow.
More top news
Heavy rain expected, also some snow in the forecast
Often very windy, especially as we head into Sunday, with rain or showers. Met Office 'Be Aware' warnings have been issued
Here is our essential guide to all things Christmas in the North East.