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LTS Garðbær Studios

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LTS Garðbær Studios
LazyTown Entertainment
Company typeSubsidiary
PredecessorsApolostefanisson Enterprises
Lazy Shows
Founded2002; 22 years ago (2002)
FoundersMagnús Scheving
Guðmundur Þór Kárason
Raymond P. Le Gué
Ragnheiður Melsteð
Headquarters,
Key people
Magnús Scheving (CEO & founder)
ProductsLazyTown
OwnerMagnus Scheving (2002–2011, 2024–present)
WarnerMedia (2011–2022)
Warner Bros. Discovery (2022–2024)
ParentWarner Bros. International Television (2011–2024)
DivisionsWit Puppets
Le Gué Enterprises BV

LTS Garðbær Studios (also known as LazyTown Entertainment) is a studio located in Garðabær, Iceland, which succeeded Lazy Shows (founded in 1992). The studio's productions included television series LazyTown.[1] The studio was founded in 2002 by Magnús Scheving and his partners Guðmundur 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 UK.

From 2011 to 2024, the rights to the LazyTown brand were owned by Warner Bros. through its Warner 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 with Warner Bros. Discovery to purchase back the company and the rights to the LazyTown brand.[3]

Productions

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Lazy Shows

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Wit

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  • Glanni Glæpur Í Latabæ (1999)
  • Old Latibær commercials (Early 2000s)
  • LazyTown (2004-2014)
  • LazyTown Extra (2008)

LazyTown Entertainment

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LTS

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  • Sprout's Super Sproutlet Show (2012)
  • LazyTown Motivational Campaigns (2013)

Sources

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  1. ^ "Latibær rís í Garðabæ" (in Icelandic). Fréttablaðið. 28 March 2004. p. 25.
  2. ^ "Latibær til Bretlands - Magnús hættir" (in Icelandic). RÚV. 30 May 2014.
  3. ^ https://icelandmonitor.mbl.is/news/news/2024/05/15/magnus_scheving_buying_back_all_the_properties_of_l/ [bare URL]