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
A look ahead at the forecast for the Tyne Tees region.
The two projects going head-to-head today are Rural Refurb and Window on the Wild
A Tyneside food bank has been ranked as the busiest in the UK. The Newcastle West End branch fed almost 22,000 people in six months.