About Red Octopus Red octopus has been in Newport, OR offering comedy, drama, classics & original theatre for over twenty-five years. Started by four actors traveling north from San Francisco in 1978, the group has expanded into many talented performers who offer two shows per year. Facilities Red Octopus uses the world class stage at the Newport Performing Arts Center, a 23,000-square-foot facility set on 4.5 acres at 777 W. Olive Street in Newport. Links Newport Performing Arts Center Page Newport Chamber Of Commerce Newport City Page Directions To The Performing Arts Center Webmaster: Shawn Brateng