Scholastic Corporation, together with its subsidiaries, publishes and distributes children’s books worldwide. Segments The company categorizes its businesses into three segments: Children’s Book Publishing and Distribution; Education (formerly titled Classroom and Supplemental Materials Publishing); and International. Children’s Book Publishing and Distribution segment The Children’s Book Publishing and Distribution segment includes the publication and distribution of children’s books, ebooks, media and interactive products in the United States through its book clubs and book fairs in its school channels and through the trade channel. The company is a publisher and distributor of children’s books and is the operator of school-based book clubs and school-based book fairs in the United States. The company is also a publisher of children’s print books, ebooks and audiobooks distributed through the trade channel. School-Based Book Clubs: In 2014, the company launched its new school-based book clubs consisting of reading clubs for grades pre-kindergarten (pre-K) through grade 8. In addition to its regular reading club offerings, the company creates special theme-based and seasonal offers targeted to different grade levels during the year. The company mails promotional materials containing order forms to teachers in the majority of the pre-K to grade 8 schools in the United States. School-Based Book Fairs: The company offers school-based book fairs under the name ‘Scholastic Book Fairs’. The company is the distributor of school-based book fairs in the United States serving schools in all 50 states. Book fairs are weeklong events where children and families peruse and purchase their favorite books together. The company delivers its book fairs from its warehouses to schools principally by a fleet of company-owned vehicles. Sales and customer service representatives, working from the company’s regional offices and distribution facilities and national distribution facility in Missouri, along with local area field representatives, provide support to book fair organizers. Trade: The company is a publisher of children’s books sold through bookstores, Internet retailers and mass merchandisers in the United States. The company’s original publications include Harry Potter, The Hunger Games, The 39 Clues, Spirit Animals, The Magic School Bus, I Spy, Captain Underpants, Goosebumps and Clifford The Big Red Dog, and licensed properties, such as Star Wars, Lego, Minecraft and Geronimo Stilton. In addition, the company’s Klutz imprint is a publisher and creator of ‘books plus’ products for children, including titles, such as Make Clay Charms, Nail Style Studio and Lego Chain Reactions. The company’s trade organization focuses on publishing, marketing and selling print books to bookstores, Internet retailers, mass merchandisers, specialty sales outlets and other book retailers, and also supplies the company’s proprietary school channels. Also included in the company's trade organization, as a result of the restructuring of the former Media, Licensing and Advertising segment, are Weston Woods Studios, Inc. (Weston Woods) and Scholastic Audio, as well as Scholastic Entertainment Inc. (SEI). Weston Woods creates audiovisual adaptations of classic children’s picture books distributed through the school and retail markets. Scholastic Audio provides audiobook productions of popular children's titles. SEI is responsible for exploiting the company's film and television assets, which include a large television programming library based on the company's properties. Education segment The Education segment includes the publication and distribution to schools and libraries of children’s books, classroom magazines, supplemental classroom materials, custom curriculum and teaching guides and print and on-line reference and non-fiction products for grades pre-K to 12 in the United States. The company is a provider of classroom libraries and paperback collections, including classroom books and guided reading products, to schools and school districts for classroom libraries and other uses, as well as to literacy organizations and
scholastic corp (SCHL:NASDAQ GS)
New York, NY 10012
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