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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Rereading a beloved book is one of many strategies our readers shared for reversing a rut. Continue reading at The Washington Post
[ The Washington Post | 2022-07-11 15:00:32 UTC ]
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Elizabeth Whiting has been promoted to v-p of trade sales at Scholastic Trade Publishing, effective June 1, succeeding Alan Smagler, who will transition to a consulting role. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-05-24 04:00:00 UTC ]
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As public opinion of unions surpasses its 40-year high a new book by the journalist and union organizer offers lessons and inspiration for workers in any industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-04-22 04:00:00 UTC ]
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The company, which was on a steady recovery path, was biggest faller on FTSE 100 on WednesdayShares in Pearson slumped by as much as 12% after Apollo said it would not make another bid for the educational publisher after having a third offer valuing the company at £7.2bn, including debt,... Continue reading at The Guardian
[ The Guardian | 2022-03-30 12:09:13 UTC ]
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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, 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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Amazon’s online sales fell 1% in the fourth quarter ended December 31, 2021, compared to record highs in the fourth quarter of 2020. Operating income for the entire company dropped 50% in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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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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After falling 4% in 2020, the Publishers Weekly Stock Index had a strong rebound in 2021, rising 32% for the year, well ahead of the 18.7% gain posted by the Dow Jones Industrial Average, with several companies seeing a reversal of fortune in the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-01-07 05:00:00 UTC ]
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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 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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Benjamin Zephaniah is writing a “powerfully moving” picture book about the voyage of "HMT Empire Windrush" to be published by Scholastic UK in April 2022. Continue reading at The Bookseller
[ The Bookseller | 2021-10-23 10:30:14 UTC ]
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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 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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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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Bookstore sales continued their 2021 rebound in August, jumping 60.1% over 2020, as schools and colleges began to reopen. Sales were $1.23 billion, up from $770 million a year ago. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
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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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A virtual memorial service for Scholastic's beloved chairman, president, and CEO, Dick Robinson, featured a mix of speakers eulogizing him, including celebrities, authors, company executives, and employees. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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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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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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