Sales Up, Loss Cut in Q1 at Scholastic

Led by a strong performance in its trade division, revenue at Scholastic rose 7% in the first quarter ended August 31, 2019, over the comparable period in fiscal 2019. The net loss was cut to $58.5 million, from $61.3 million in last year’s first quarter. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-09-20 04:00:00 UTC ]

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A Bad First Quarter at Amazon

Amazon reported a net loss of $3.8 billion in the first quarter of 2022 as online sales fell 3%, to $51.1 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
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United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint

'Overall, the US book market is turning in a very strong performance by historic norms,' says NPD BookScan's Kristen McLean. The post United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-04-15 15:51:56 UTC ]
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Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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ABC's 'Abbott Elementary' and Scholastic bringing free book fairs to two L.A. schools

ABC, home of freshman comedy 'Abbott Elementary,' has partnered with Scholastic to host free book fairs at seven Title 1 schools between March 14-18. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-03-11 21:00:48 UTC ]
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Veritas Capital to Acquire Houghton Mifflin Harcourt

Less than a year after HarperCollins purchased the trade division of Houghton Mifflin Harcourt, a private equity firm has made an agreement to acquire the remainder of the learning technology company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-22 05:00:00 UTC ]
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ALA Announces Colin Kaepernick Will Close LibLearnX

Kaepernick will talk with librarians about his first children’s book, illustrated by Eric Wilkerson, 'I Color Myself Different,' which is scheduled for an April, 2022 publication from Scholastic Press and Kaepernick Publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-14 05:00:00 UTC ]
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New Morrow Lifestyle Imprint Named Harvest

The new lifestyle imprint formed by HarperCollins following its acquisition of the trade division of Houghton Mifflin Harcourt will be called Harvest. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-14 05:00:00 UTC ]
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'Exceptional' Newport leaves Scholastic for Hachette Children's Group

Scholastic’s Kate Newport is joining Hachette Children’s Group in the newly created role of publisher for non-fiction.   Continue reading at The Bookseller

[ The Bookseller | 2022-01-09 18:55:54 UTC ]
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Scholastic lands Pichon's new Tom Gates book to get kids drawing

Scholastic has landed a new Tom Gates book by Liz Pichon which aims to get everyone drawing in the UK as part of a national campaign. Continue reading at The Bookseller

[ The Bookseller | 2021-12-13 08:19:08 UTC ]
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Scholastic strikes deal for Netflix series Karma's World

Scholastic UK has announced a global publishing deal with 9 Story Media Group and Karma’s World Entertainment for a new Netflix series. Continue reading at The Bookseller

[ The Bookseller | 2021-12-13 02:29:44 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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Alex Gino’s children’s novel George retitled Melissa ‘to respect trans heroine’

Writer says they had not realised they should speak up about the title when the book was first published, but it will henceforth take the heroine’s female nameAlex Gino’s award-winning children’s novel about a trans girl, George, is being renamed Melissa, after Gino and publisher Scholastic said... Continue reading at The Guardian

[ The Guardian | 2021-11-02 14:38:09 UTC ]
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Scholastic sniffs out two more from Stephen and Anita Mangan

Scholastic UK has picked up a two more middle-grade titles from brother-sister duo Stephen and Anita Mangan.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-20 02:47:45 UTC ]
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Scholastic picks up trans teen memoir from Hancox

Scholastic has swooped on Welcome to St Hell, a "groundbreaking" YA memoir about being a trans teen, written and illustrated by influencer and filmmaker Lewis Hancox.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-18 19:31:24 UTC ]
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Succession at Scholastic Seemed to Be a Shock, Even to the New Chairwoman

The powerhouse children’s publisher, known for Harry Potter, had been passed from father to son until Iole Lucchese, a top executive, was given control. Continue reading at The New York Times

[ The New York Times | 2021-10-18 18:41:08 UTC ]
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James Patterson and Scholastic are joining forces to mitigate illiteracy.

In rather heartwarming news, bestselling novelist James Patterson is working with Scholastic Book Clubs to tackle literacy inequity. On Monday, Scholastic announced that Patterson had donated $1.5 million to help launch “The United States of Readers,” a classroom initiative created to address... Continue reading at Literrary Hub

[ Literrary Hub | 2021-09-28 17:26:56 UTC ]
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Scholastic Has Good Start to Fiscal 2022—with a Caveat

Scholastic reported higher sales and a smaller loss in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021, and while it said business is improving, it did point to some “headwinds” which all publishers are facing: rising costs and disruptions in the supply chain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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Unit Sales Slipped 1.2% Last Week

Another strong performance by adult fiction was not enough to prevent unit sales of print books from falling 1.2% last week compared to the week ended September 12, 2020, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-16 04:00:00 UTC ]
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Scholastic snaps up 12-year-old documentary star's debut

Scholastic has snapped up the debut middle-grade novel of 12-year-old Cara Mailey, in the same week as a BBC One documentary airs about her and her family. Continue reading at The Bookseller

[ The Bookseller | 2021-08-18 23:35:29 UTC ]
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Scholastic to release Friends series

Scholastic is to release a new set of illustrated books for children and adult fans, based on the TV series "Friends", in partnership with Warner Bros.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-12 06:56:45 UTC ]
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