Scholastic Corporation, together with its subsidiaries, publishes and distributes children’s books worldwide. Segments The company categorizes its businesses into three segments, including Children’s Book Publishing and Distribution; Education; and International. Children’s Book Publishing and Distribution This segment includes the publication and distribution of children’s books, ebooks, media and interactive products in the United States through its school book clubs and school book fairs channels and through the trade channel. The company is the major publisher and distributor of children’s books and is the leading operator of school-based book clubs and school-based book fairs in the United States. The company is also major publisher of children’s print books, ebooks and audiobooks distributed through the trade channel. Scholastic offers a range of children’s books through its school and trade channels. The company obtains titles for sale through its distribution channels from three principal sources. The first source for titles is its publication of books created under exclusive agreements with authors, illustrators, book packagers or other media companies. Scholastic generally controls the exclusive rights to sell these titles through all channels of distribution in the United States and, to a lesser extent, internationally. Scholastic’s second source of titles is obtaining licenses to publish books exclusively in specified channels of distribution, including reprints of books originally published by other publishers for which the company acquires rights to sell in the school market. The third source of titles is its purchase of finished books from other publishers. School-Based Book Clubs In 2014, the company launched its new school-based book clubs consisting of reading clubs for 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. School-Based Book Fairs The company is major distributor of school-based book fairs in the United States serving schools in all 50 states. The company delivers its book fairs from its warehouses to schools principally by a fleet of Company-owned and leased vehicles. Sales and customer service representatives, working from its regional offices and distribution facilities and national distribution facility in Missouri, along with local area field representatives, provide support to book fair organizers. Book fairs are conducted by school personnel, volunteers and parent-teacher organizations, from which the schools might receive either books, supplies and equipment or a portion of the proceeds from every book fair they host. The company is focused on increasing attendance at each book fair event and maximizing participation. Approximately 91% of the schools that conducted a Scholastic Book Fair in 2015 hosted a fair in fiscal 2016. Trade Scholastic is major publisher of children’s books sold through bookstores, internet retailers and mass merchandisers in the United States. Scholastic’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, Pokemon 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 Glitter Clay Charms, Sew Cute Mini Treats and Lego Chain Reactions. The company’s trade organization focuses on publishing, marketing and selling books to bookstores, Internet retailers, mass merchandisers, specialty sales outlets and other book retailers, and also supplies books for the company’s proprietary school channels. Also included in the company's trade organization 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 provid
scholastic corp (SCHL:NASDAQ GS)
New York, NY 10012
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for SCHL.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact SCHOLASTIC CORP, please visit www.scholastic.com. Company data is provided by Capital IQ. Please use this form to report any data issues.