Following an emergency meeting held by North Devon District Council on Wednesday 1st Feb, there is positive news.
Below is a comment from BBC Spotlight, with a link to their report on Facebook:
NORTH DEVON THEATRES
"Campaigners in North Devon fighting to save two local theatres have welcomed the news that the local council has committed to getting them reopened as soon as possible. At a meeting tonight North Devon Council, which owns the Landmark Theatre in Ilfracombe and the Queens Theatre in Barnstaple, also said it will look at how the theatres are funded in the longer term. Both venues shut suddenly last week, when the trust that ran them went into administration, blaming falling ticket sales and cuts in public subsidy."