'Lazytown' Founder Sells To Turner Broadcasting For $25 Million

He's the cart-wheeling, hand-springing, moustache-twirling hero of quirky fantasy world Lazytown. Now, Magnus Scheving, known to kids around the world asLazytown superhero Sportacus, will be laughing all the way to the bank after a $25 million deal selling the Icelandic company to Turner Broadcasting.

Lazytown has become a global hit kids franchise, airing in over 100 countries, with a mission to persuade a generation of 4-7 year-olds of the value of choosing apples over candy and keeping fit over lounging around playing computer games. Read More...



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