 The extension to the stage meant the closure of the adjacent Arcadia Theatre which became a lounge.During the 1980s, Scarborough Borough Council took over the property and leased the theatre to Apollo Leisure Ltd (UK), who ran it until September 2002.In December 2002, Barrie C. Stead, who also runs the Hollywood Plaza cinema, took over the Futurist and refurbished the theatre and cinema, installing new projectors, DTS sound system and a new CinemaScope screen.