In 1923, it became a cinema full-time, and capacity was reduced from 1,143 to 1,010 seats, but it retained, as it still does, its original theatre interior, consisting of stalls and two upper tiers (a dress circle and a gallery).

In 1950, it was renamed the Gaumont and the upper tier was closed for seating, and capacity was therefore reduced to 196 in the dress circle and 319 in the stalls, a total of 515.

In 1972, the Rank Organisation (which had taken over Gaumont) proposed to demolish the building, but a local campaign based upon its architectural merit and its interesting history secured its survival and, indeed, refurbishment.

It was, for example, the cinema at which future prime minister David Cameron was reported to have watched Brokeback Mountain on its opening night.

In June 2014, it was announced that the Coronet had been acquired by nearby fringe theatre The Print Room, which planned to make it its new home.

[citation needed] In July 2014, it was announced that The Print Room was taking over the Coronet Cinema in Notting Hill Gate as its new home.