| LazyTown Entertainment | |
| Company type | Private |
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| Founded | 1992; 34 years ago (1992) |
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| Headquarters | , |
Key people | Magnús Scheving (CEO) |
| Products | LazyTown |
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LTS Garðbær Studios (also known asLazyTown Entertainment) is an Icelandic studio located inGarðabær,Iceland, which succeededLazy Shows (founded in 1992). The studio's productions included television seriesLazyTown.[1] The studio was founded in 2002 byMagnús Scheving and his partnersGuðmundur Þór Kárason, Raymond P. Le Gué and Ragnheiður Melsteð. In 2011,Turner Broadcasting System acquired LTS and in 2014 Turner moved the studio to the US.
From 2011 to 2024, the rights to the LazyTown brand were owned byWarner Bros. Discovery through itsWarner Bros. International Television Nordics unit.[2] LTS owns Wit Puppets and the creative studio from Le Gué Enterprises BV.
On May 16, 2024, it was announced that Magnús Scheving had agreed to a deal withWarner Bros. Discovery to purchase back the company and the rights to theLazyTown brand.[3]
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