O Outro Teatro proposes a look at the independent theater manifestations that came in the wake of the pioneering gestures of Teatro Experimental do Porto.

A woman translates the front page of H.P. Lovecraft's book “The Silver Key”. Her husband, a journalist, listens. The book describes the conflicts between the real and the imaginary, and tells how Randolph Carter, the film's character, leaves everyday life in search of his childhood dreams.