The ancient Capranica Theatre, which is in Palazzo Capranica, is one of the few 15th century buildings that has survived  the ravages of time and demolition.
It was build in stages  by Cardinal Domenico Capranica who envisaged it as a residence  for his family and a college for the education of ecclesiastics.

Palazzo Capranica, which faces the Piazza of the same name,  is of a courtly Roman pre-Renaissance palazzo with crossed Guelf and Gothic two-light mullioned windows topped by the  antique coat of arms of Cardinal Capranica. In 1694, during work on a project by Carlo Buratti, a U-shaped open air theater with 6 rows of seats and a stage was excavated from theatre.

Countless musical, , prose and farcical comic operas have been staged at the Capranica: in 1750 Carlo Goldoni was present for the premier of his 'Pamela Maritata',  which was written especially for this theater.

In 175, the theater was renovated by Edgar Marescotti. A century later, in 1853, the walls were rebuilt by Gaspare Servi and, in 1922, it was finally turned into a cinema, continuing in this role  up to 2000.

Today, it is the most prestigious venue in the Congress Center, with a maximum capacity of 750 people, and is used for various types of events, music, film showings, meetings and fashion shows.