Rising Costs Deepen First Quarter Loss at Scholastic

Higher costs increased Scholastic's first quarter loss to $58.1 million, from $32 million in the first quarter of fiscal 2022, despite a 1.2% increase in sales. The results were "on plan," the publisher said, adding that it still expects sales and earnings in fiscal 2023 to rise over fiscal 2022. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-09-22 04:00:00 UTC ]

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Captain Underpants author withdraws book over 'passive racism'

Publisher Scholastic says it will no longer distribute The Adventures of Ook and Gluk: Kung-Fu Cavemen from the FutureCaptain Underpants author Dav Pilkey has apologised for “harmful racial stereotypes and passively racist imagery” in one of his graphic novels for children, which has been... Continue reading at The Guardian

[ The Guardian | 2021-03-29 12:33:28 UTC ]
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Scholastic's Hennessy joins Welbeck as production director

Welbeck has appointed Clare Hennessy from Scholastic as its new production director. Continue reading at The Bookseller

[ The Bookseller | 2021-03-15 01:24:07 UTC ]
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Let Me Ruin Your Childhood: The Inequality of School Book Fairs

It's easy to be nostalgic about Scholastic Book Fairs, but for poor kids and underfunded communities, school book fairs look very different. Continue reading at Book Riot

[ Book Riot | 2021-03-12 11:31:00 UTC ]
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Backlist Drives Print Book Unit Gains Higher Through February

Driven by strong backlist sales, unit sales of print books rose 26% last week over the week ended February 29, 2020, at outlets that report to NPD BookScan. It was the largest week-over-week gain compared to 2020 so far this year, helping unit sales finish the first two months of 2021 with a... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-04 05:00:00 UTC ]
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Scholastic to bring Callender's Hurricane Child to UK

Scholastic UK has acquired UK and Commonwealth rights to Kacen Callender's Hurricane Child, with publication slated for June 2021.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-16 07:44:38 UTC ]
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Alison Green snares Donaldson and Scheffler's Baddies

Scholastic imprint Alison Green Books has snared The Baddies, a new book from Julia Donaldson and Axel Scheffler starring their “boldest, meanest and silliest villains” ever. Continue reading at The Bookseller

[ The Bookseller | 2021-01-28 22:31:02 UTC ]
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Stuart Lawrence | 'Without optimism and hope, I wouldn’t be able to do the things I do'

"I’m a very optimistic person. Without optimism and hope, I wouldn’t be able to do the things I do,” says Stuart Lawrence, the author of the uplifting and motivating Silence is Not an Option: You Can Impact the World for Change, which will be published by Scholastic in April. Continue reading at The Bookseller

[ The Bookseller | 2021-01-14 23:20:06 UTC ]
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Scholastic UK acquires book from Mangan siblings

Scholastic UK has acquired Escape the Rooms, the "dazzling" children’s book debut from actor Stephen Mangan, illustrated by his sister Anita Mangan. Continue reading at The Bookseller

[ The Bookseller | 2021-01-13 03:30:19 UTC ]
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Book Fair Sales Plunge at Scholastic

Revenue at Scholastic's book fairs dropped 79% and total revenue at Scholastic dropped 32% in the quarter ended November 31, 2020, compared to the second quarter of fiscal 2020, as the pandemic led to a significant decline in the number of fairs held. The publisher has tapped two new leaders for... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-18 05:00:00 UTC ]
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Scholastic revenues plunge 32% but trade sales up in second quarter

Scholastic saw revenues plunge 32% year on year to $406.2m and operating income fall 54% in the second quarter, as its business continued to be hit by the pandemic, although trade sales rose. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 18:36:39 UTC ]
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Horrible Histories to relaunch in 2021

Scholastic is to relaunch children's series Horrible Histories in 2021, with new-look covers and a new "secret diary" series.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-02 01:42:05 UTC ]
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Scholastic is publishing three new books by Ruby Bridges.

Tomorrow marks sixty years since civil rights icon, activist and writer Ruby Bridges was the first Black child to integrate a Southern elementary school—and today, Scholastic announced three forthcoming books written by Bridges, which will be released from spring 2022-23. The three new books are... Continue reading at Literrary Hub

[ Literrary Hub | 2020-11-13 17:02:57 UTC ]
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American publisher Levine promises ‘beloved’ titles from his new independent list

American publisher Arthur A Levine has launched the first titles fro his new independent children’s publisher Levine Querido in the UK. Levine founded Levine Querido last April after 23 years as the publisher of Scholastic Inc imprint Arthur A Levine Books. One of the driving forces that led him... Continue reading at The Bookseller

[ The Bookseller | 2020-10-14 12:12:21 UTC ]
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Scholastic dances away with two from Diversity’s Ashley and Jordan Banjo

Scholastic UK has acquired two middle-grade books from TV personalities and Diversity dance collective members Ashley and Jordan Banjo.  Continue reading at The Bookseller

[ The Bookseller | 2020-10-01 02:08:16 UTC ]
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Scholastic UK scores with novel from Ian Wright

Scholastic UK has acquired Striking Out, a novel for children based on the life of footballer Ian Wright. The title is written by Wright in partnership with Musa Okwonga. Continue reading at The Bookseller

[ The Bookseller | 2020-09-15 21:16:33 UTC ]
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Wiley Posts Q1 Gains Led by Digital Sales Boost

Higher sales of a range of digital and online products offset continued declines in print revenue, leading to a 2% increase in sales in the first quarter of fiscal 2021 at John Wiley & Sons. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
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Pandemic losses hit Scholastic despite good trade sales

Scholastic has reported a 10% revenue drop for the fiscal year to end May 2020, to $1.49bn, with an overall loss of $88.5m, after Covid-19 battered its fourth quarter. Continue reading at The Bookseller

[ The Bookseller | 2020-07-24 06:25:19 UTC ]
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Scholastic Looks to Rebound from Q4 Slump

The Covid-19 pandemic led to a 40% decline in fourth quarter revenue at Scholastic and an operating loss of $46 million. The company said it expects a "slower than normal start" to the upcoming school year, and believes it will end the current fiscal year with revenue "slightly below" fiscal 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-24 04:00:00 UTC ]
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Scholastic CEO talks civil unrest, pandemic

When the pandemic shut down U.S. schools nationwide in March, Scholastic Corp. immediately offered a free online learning hub for millions families with kids Continue reading at ABC News

[ ABC News | 2020-07-05 14:03:09 UTC ]
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I Am the Faceless Woman on the Cover of Your Novel

POC Book Cover Model I feel the most brown facing a solid, bright background that seduces preteens at the Scholastic fair. My long black-as-licorice braids with their sweet virginal shine beg for pity, are maybe a metaphor for tradition, repression, machismo, all the miserable Mexican girls that... Continue reading at Electric Literature

[ Electric Literature | 2020-06-15 11:00:00 UTC ]
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