The Liberal Democrat-led Cambridge City Council has included the investment in its budget for the coming year.
The new system, which will improve the quality of the venue’s acoustics for audiences, will replace the present system which is over 20 years old.
Cllr Rod Cantrill Executive Councillor for Arts, Sports and Public Places said: “The Corn Exchange misses out on hosting a number of performers because our current sound system is out of date.
“This investment will not only improve the quality of the sound for audiences, but will enable the Corn Exchange to attract a broader range of performers, reduce the number of dark days at the venue and therefore contribute towards thecouncil’s goal of improving the financial performance of the Corn Exchange.”
The investment will be considered as part of the Budget proposals at the Community Services Scrutiny in January.
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