Opened in 1887, the Coliseum was one of the oldest British theatres still operating, and was much loved by its loyal supporters – perhaps more so since its demise in March 2023.

Once a circus, in the 1930s it was briefly a cinema before becoming the members-only Oldham Repertory Theatre. It was said to be one of the most haunted theatres in Britain, and a famous stage death occurred there in the 1940s.

By the 1950s-60s the resident company helped to form the careers of Coronation Street stars Jean Alexander, Pat Phoenix, Roy Barra-clough, William Roache and local girls Barbara Knox and Anne Kirkbride.

In 1978 it became the Arts Council and local authority-supported Oldham Coliseum, offering a mix of professional productions of its own and other touring shows, It was famous for its massively-popular annual pantomime.

Plans for a new building were scrapped in late 2018 and the withdrawal of an Arts Council "NPO" grant in late 2022 led to the theatre's closure in March 2023. Plans are supposedly in place for a smaller replacement within three or so years, which might not retain the name.