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About Scholastic Inc.

Once upon a time, a company grew up to become one of the world's leading children's book publishers. Scholastic Corporation sells books to children in more than 150 countries. It operates through three divisions: Children's Book Publishing and Distribution; Education; and International. Scholastic owns the rights to properties such as Goosebumps and The Baby-Sitters Club and is the US distributor of the Harry Potter books, the best-selling children's series of all time. Known for its school book fairs, Scholastic also publishes magazines, textbooks, and software for students and teachers, and produces children's TV shows.

Geographic Reach

The company generates about 25% of sales outside of the US. Scholastic has long-established operations in Australia, Canada, New Zealand, and the UK, with newer holdings in China, India, and Ireland. Going forward, Scholastic expects to see strong growth in Asia and improved results in the UK.

Strategy

Scholastic expects growth to be driven by new technology. Television has been a particular area of focus for Scholastic. The company has a partnership with NBC and Telemundo (along with other content and broadcasting companies) to produce and distribute television for children through a venture called Qubo. Spots reinforcing the importance of books and reading play throughout the Qubo programming block, which airs on NBC and Telemundo in English and Spanish.

In 2015 Scholastic agreed to sell its Educational Technology and Services business to Houghton Mifflin Harcourt for $575 million in cash.

Scholastic Inc.

557 BROADWAY
New York, NY 10012-3999
Phone: 1 (212) 343-6100

Stats

Employer Type: Privately Owned
Copy Chief, Scholastic Book Clubs Creative Services: Godwin Chu
Evp And President, International: Nelson Hitchcock
President, Scholastic Book Clubs And E Chief Executive Officer Owner: Judy Newman
Employees (This Location): 2,000
Employees (All Locations): 8,250

Major Office Locations

New York, NY

Other Locations

Baldwin Park, CA
Lake Mary, FL
Kennesaw, GA
Roselle, IL
Saint Charles, IL
Odenton, MD
Jefferson City, MO
Neosho, MO
Saint Louis, MO
New York, NY
Irving, TX
Lubbock, TX
Spokane Valley, WA
Kolkata, India
Pune, India