The Board of Directors of the Spanish broadcasting corporation RTVE has approved the proposed lease of the Teatro Monumental de Madrid, for a period of up to ten years. This big theatre, a former cinema built in 1923, is located in the centre of the Spanish capital. Since 1970 it is the home of the RTVE Symphonic Orchestra and Choir. The owner of the hall promised to immediately start the appropriate works of improvement to comply with the needs of the symphonic-choral formation.