LazyTown Entertainment, the only children’s brand solely dedicated to helping families lead a healthier lifestyle, has completed its financial restructure. As a result, the company can now claim to be one of the most solvent in the children’s entertainment business with zero debt and many growth opportunities on the horizon. The future looks bright for the brand.

Magnus Scheving, the CEO of LazyTown Entertainment commented,” I am extremely happy that everyone worked together as a team with the singular vision to conclude this deal and to now be able to turn our focus towards building the company.”

The LazyTown Entertainment brand enjoys enormous respect from parents, educators and national Governments alike for its key messages, and for remaining focused on and committed to its core values. The company has a number of exciting prospects for the future including alliances with key retailers in the U.S. and Continental Europe, a new digital platform and a sports club roll out with the world’s leading provider of training packages to fitness professionals.

Tags: LazyTown, Magnus Scheving, Sportacus