# Scholastic

> Scholastic Corporation is a public children's publishing, education, and media company whose unusual advantage is distribution: it reaches young readers through bookstores and ecommerce, but also through school book fairs, classroom book clubs, magazines, curriculum programs, libraries, and screen entertainment. Founded in 1920, it publishes franchises including Harry Potter in the United States, Dog Man, The Hunger Games, Clifford the Big Red Dog, Goosebumps, Wings of Fire, and The Baby-sitters Club, while its education business serves more than 90% of U.S. schools. The 2024 investment in 9 Story Media Group added animation, production, global distribution, and licensing capabilities to a strategy designed to move stories between page, classroom, screen, and merchandise.

- **Founded:** 1920
- **Headquarters:** New York, United States
- **Founders:** Maurice R. Robinson (Founder and first publisher)
- **Team size:** Approximately 7,100 employees
- **Products:** Trade Publishing, Scholastic Book Clubs, Scholastic Book Fairs, Scholastic Education, Scholastic Magazines+
- **Notable:** Built what the company describes as the world's largest children's book publishing and distribution business., Published the U.S. editions of Harry Potter; the seventh title sold a reported 8.3 million U.S. copies in its first 24 hours in 2007., Created or published enduring franchises including Clifford the Big Red Dog, Goosebumps, The Magic School Bus, The Hunger Games, Dog Man, Wings of Fire, and The Baby-sitters Club.

## Products & services

- **Trade Publishing** — More than 600 new children's titles a year across 17 imprints, plus audiobooks and licensed publishing.
- **Scholastic Book Clubs** — Grade- and interest-curated print and digital catalogs that let families order affordable books through classrooms while teachers earn books and resources.
- **Scholastic Book Fairs** — Temporary school bookstores supplied with inventory, display cases, and planning tools; schools receive a portion of sales in cash or educational resources.
- **Scholastic Education** — Evidence-based K-12 literacy programs, classroom libraries, professional learning, family engagement, summer learning, and supplemental instruction.
- **Scholastic Magazines+** — More than 30 print-and-digital classroom magazine titles for pre-K through grade 12, including Scholastic News, Storyworks, Scope, Science World, and SuperSTEM.
- **Scholastic Entertainment and 9 Story Media Group** — Development, production, distribution, licensing, and merchandising for animated and live-action children's and family media.
- **Ready4Reading** — An evidence-based structured-literacy program for grades K-3 combining systematic instruction with assessment tools.
- **Discovery Fair** — A school fair format built around nonfiction, STEAM books, hands-on science and art kits, and interactive displays.

## Achievements

- Built what the company describes as the world's largest children's book publishing and distribution business.
- Published the U.S. editions of Harry Potter; the seventh title sold a reported 8.3 million U.S. copies in its first 24 hours in 2007.
- Created or published enduring franchises including Clifford the Big Red Dog, Goosebumps, The Magic School Bus, The Hunger Games, Dog Man, Wings of Fire, and The Baby-sitters Club.
- Book Fairs sell more than 100 million books to 35 million children annually and generate more than $200 million in cash and educational resources for schools.
- Scholastic Education works with more than 90% of U.S. schools.
- Scholastic Magazines+ reaches more than 13 million students and teachers through more than 30 titles.
- The Scholastic Art & Writing Awards, founded in 1923, has recognized young creators including Sylvia Plath, Andy Warhol, and Stephen King.
- Ready4Reading was approved by the Texas State Board of Education for implementation beginning in the 2026-2027 school year.
- Fiscal 2026 adjusted EBITDA increased 4% to $151.5 million despite a 3% decline in revenue.

## Latest updates

- **2026-07** — Reported fiscal 2026 revenue of $1.5819 billion, down 3%, and adjusted EBITDA of $151.5 million, up 4%; fiscal 2027 guidance called for 2%-4% revenue growth.
- **2026-07** — Raised its regular quarterly dividend by 25%, from $0.20 to $0.25 per share.
- **2026-07** — Published The Baby-sitters Club Fan Edition: Baby-sitter Summer as part of the series' 40th-anniversary program.
- **2026-04** — Highlighted new literacy research, author visits, and Rising Voices Libraries book deliveries through Scholastic Education.
- **2026-01** — Appointed Jeffrey Mathews president of Scholastic Education in addition to his role as chief growth officer.
- **2026-01** — Launched the Discovery Fair format centered on nonfiction, STEAM books, hands-on kits, and interactive displays.
- **2025-11** — Announced that Ready4Reading had been approved in the Texas IMRA 2025 adoption cycle for use beginning in the 2026-2027 school year.
- **2025-06** — Integrated Trade Publishing, Book Fairs, and Book Clubs into a single Children's Book Group led by Sasha Quinton.
- **2024-06** — Closed a CAD $250 million investment for 100% of the economic interest and minority voting rights in 9 Story Media Group.

## Links

- Website: https://www.scholastic.com/
- LinkedIn: https://www.linkedin.com/company/scholastic
- Twitter/X: https://twitter.com/scholastic
- YouTube: https://www.youtube.com/@scholastic
- Instagram: https://www.instagram.com/scholastic/
- Facebook: https://www.facebook.com/Scholastic/

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Last updated: 2026-08-13