overview about the place The Royal Theatre is an iconic and exclusive multipurpose cultural venue located in the centre of Prague showing theatre plays, movies, concerts, art exhibitions, etc., and hosting premieres, parties, private events and showcases. more about the place The theatre was founded in 1929 by Emmanuel Maceška as the largest and most modern cinema in Prague. Much of the original fittings and furnishings including stained glass windows and elaborate lighting remain unchanged today, making a trip to the theatre a little bit like traveling back in time — all the way back to the glory days of the First Czechoslovak Republic (1918—1938).