[5] All the work, except the stamped metal ceilings, was completed by Messrs J & T Gunn in Launceston, including a feature Tasmanian Blackwood staircase, lighting, carpets and its proscenium, described in The Examiner as "strikingly handsome, bronze, gold wine colour, as well as delicate shades of green and blue".

[14] Due to the rise of television ownership, the next 14 years saw the Princess, neighbouring Majestic and Lyceum theatres operate with heavily reduced patronage.

[15] In attendance included Tasmanian Governor General Sir Paul Hasluck and British ballet dancer Dame Peggy van Praagh.

The theatre has since hosted performances by AC/DC,[16] Roy Orbison, Slim Dusty, Kiri Te Kanawa, Harry Secombe, Little River Band, Bo Diddly and Leo Sayer.

[18] The Tasmanian Liberal Party announced a plan to invest $2.5 million to restore the Princess Theatre if the Federal Government was reelected in the 2022 elections.