The community cinema, which launched in 2013, was largely modelled around Uttlesford’s Saffron Screen – which will now work with Royston volunteers in the management takeover.
A spokesman for Royston First said: “We see moving to management by Saffron Screen – over the next few months – as a key to our strategy of re-introducing and maintaining a cinema in Royston.
“Moving management of the Picture Palace to an experienced, not-for-profit film management company staffed by film professionals and enthusiasts is clearly a step in the right direction.
“With this agreement we are hoping to secure the future of Royston’s cinema for many years to come. ”Over the last six years, the Royston Picture Palace has established itself as a vital resource for the town, encouraging visitors from the outlying villages as well as the town itself who are looking for a great evening’s entertainment.”