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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Children still prefer reading physical books, finds Scholastic

The number of children who have read an ebook has almost doubled since 2010 but children still... Continue reading at The Bookseller

[ The Bookseller | 2013-01-16 00:00:00 UTC ]
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Price and Alport to leave Scholastic for MCB

Macmillan Children's Books has appointed Alyx Price [left] to the role of communications... Continue reading at The Bookseller

[ The Bookseller | 2013-01-10 00:00:00 UTC ]
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Sales of printed books slump in 2012

The printed book market fell by almost £74m in 2012, down 4.6% year on year, but the rate of decline was slowed by Fifty Shades Of Grey. Continue reading at BBC World

[ BBC World | 2013-01-04 00:00:00 UTC ]
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Printed book sales slump £74m in 2012

The value of the printed book market slumped by almost £74m year on year in 2012 but,... Continue reading at The Bookseller

[ The Bookseller | 2013-01-03 00:00:00 UTC ]
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Cost savings for Scholastic after revenues drop

Scholastic Corporation has reported a 10% year-on-year drop in revenue in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-12-21 00:00:00 UTC ]
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Where Is YA Going? Scholastic’s Experts Advise

Stacy Lellos, VP of Marketing and Multi-Platform Publishing, and Aimee Friedman, executive editor, both at Scholastic give a peek into the future of YA publishing. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-28 00:00:00 UTC ]
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Scholastic cuts 2013 guidance

Children's book publisher Scholastic Corp. slashed its 2013 profit guidance and said revenue will be $1 billion lower than expected because schools are spending money on curriculum and holding back on orders, fearing federal spending cuts. Shares fell $6.34, or 20%, to $25.50 in light... Continue reading at Crains New York

[ Crains New York | 2012-11-21 00:00:00 UTC ]
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Scholastic To Donate One Million Books for Superstorm Recovery

Scholastic is donating a million books and offering free online resources to those children and teachers affected by Superstorm Sandy. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-13 00:00:00 UTC ]
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Super Thursday celebs boost HB sector, but PB sales slump

Sales of hardbacks through Nielsen BookScan's top 5,000 chart jumped 11% week on week last... Continue reading at The Bookseller

[ The Bookseller | 2012-10-16 00:00:00 UTC ]
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Italian books trade slumping

The books market in Italy has “deteriorated significantly” in 2011 and the first nine... Continue reading at The Bookseller

[ The Bookseller | 2012-10-11 00:00:00 UTC ]
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Book sales slump during Olympics

Printed book sales in the UK slumped 7% (£1.8m) to £24.5m week on week in the second... Continue reading at The Bookseller

[ The Bookseller | 2012-08-14 00:00:00 UTC ]
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Scholastic partners with RSPCA for publishing programme

Scholastic has partnered with animal welfare charity the RSPCA for a two-year publishing deal,... Continue reading at The Bookseller

[ The Bookseller | 2012-08-06 00:00:00 UTC ]
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After Great Year, Scholastic Tries For Encore

Fiscal 2012 was a good year made great by The Hunger Games,” Scholastic chairman Dick Robinson told analysts in a conference call last Thursday to discuss results in the year ended May 31, in which sales rose 14%, to $2.15 billion, and net income jumped from $39.4 million to $102.4 million. The... Continue reading at Publishers Weekly

[ Publishers Weekly | 2012-07-20 00:00:00 UTC ]
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Bell to join Scholastic as co-managing director

Catherine Bell is to join Scholastic as co-managing director and head of publishing, marketing... Continue reading at The Bookseller

[ The Bookseller | 2012-06-27 00:00:00 UTC ]
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Fairfax slumps as Rinehart threatens to exit

Fairfax shares hit a new low after Gina Rinehart threatened to sell her stake in the publishing business if the board does not bow to her demands. Continue reading at The Sydney Morning Herald

[ The Sydney Morning Herald | 2012-06-26 00:00:00 UTC ]
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