LTS Garðbær Studios (also known as LazyTown Entertainment) is an Icelandic 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 US.
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]