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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Unit Sales Slump in Mid-July

With print-unit sales falling in all four major categories, total sales in the week ended July 15, 2018, were down 5% compared to the similar week in 2017, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-20 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Scholastic reveals 8.45% gender pay gap

Scholastic has revealed a median pay gap of 8.45%, less than half of the national average of 18.4%. Continue reading at The Bookseller

[ The Bookseller | 2018-04-04 00:00:00 UTC ]
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Morpurgo and Foreman unite in Scholastic deal

Michael Morpurgo is to team up with illustrator Michael Foreman on a book to commemorate the centenary of Armistice Day 1918 for Scholastic. Continue reading at The Bookseller

[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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Sheppard flocks to Scholastic with OMGs

Scholastic has bought world rights to a YA novel about the greek gods by Alexandra Sheppard. Continue reading at The Bookseller

[ The Bookseller | 2018-03-28 00:00:00 UTC ]
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Scholastic UK buys two school book suppliers

The UK arm of Scholastic has bought school books suppliers MBE Books and Laburnum House for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2018-02-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #uk arm


Comics Retailers Hope To Rebound in 2018

Bad weather, political discord, and a changing market all contributed to a decline in sales last year—especially at comics shops. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bad weather #changing market


Scholastic stands out on Waterstones Children’s shortlist

Titles by Matt Carr, Lisa Thompson and Alice Broadway are on the shortlist for this year’s Waterstones Children’s Book Prize, meaning Scholastic has more books in the running than any other publisher. Continue reading at The Bookseller

[ The Bookseller | 2018-02-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #waterstones children #lisa thompson #book prize #meaning scholastic


Industry Notes: Angoulême Focus on Arab Comics; Scholastic’s New Nonfiction Imprint

In France, a new exhibition on Arab comics launches at the Angoulême Comics Festival. And in the States, Scholastic's new nonfiction imprint will tackle history and social issues for children. The post Industry Notes: Angoulême Focus on Arab Comics; Scholastic’s New Nonfiction Imprint appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-02-05 00:00:00 UTC ]
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Trends in the European Marketplace: 2016 Numbers Stable, and Affected by Pound Sterling Slump

The Federation of European Publishers reports gains across much of its membership's markets in 2016 but acknowledges that the British pound's softness renders the result fairly flat. The post Trends in the European Marketplace: 2016 Numbers Stable, and Affected by Pound Sterling Slump appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-01-10 00:00:00 UTC ]
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Trends in Children’s Books: Five 2018 Predictions from Scholastic

What will kids be reading in 2018? Scholastic editors issue five predictions about what children's book trends will be popular and successful next year. The post Trends in Children’s Books: Five 2018 Predictions from Scholastic appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-12-19 00:00:00 UTC ]
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Scholastic snaps up 'timely' Brexit YA thriller

Scholastic UK has bought a Brexit-inspired YA political thriller and love story. Continue reading at The Bookseller

[ The Bookseller | 2017-12-15 00:00:00 UTC ]
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Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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Scholastic to Publish 'Phoenix' Comic

Scholastic today announced the North American debut of 'The Phoenix,' a U.K.-based weekly, all-ages anthology comic published by David Fickling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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New CFO for Scholastic

Following the termination of its long-time chief financial officer Maureen O'Connell, Scholastic promoted Ken Cleary to the position last week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-06 00:00:00 UTC ]
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Guinness sues Scholastic for its Book of World Records

Guinness World Records has reportedly claimed Scholastic is trying to "steal its business" with its Book of World Records and has filed court papers against the publisher. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Executive Perspectives: Where Eight Publishers Are Focusing in Q4 and Beyond

As another year draws to a close, key figures at major publishers share insights on how they are defining success and refining their strategies moving forward. The post Executive Perspectives: Where Eight Publishers Are Focusing in Q4 and Beyond appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-10-04 00:00:00 UTC ]
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With No Potter, Sales Plunged at Scholastic in Q1

A 52% decline in Scholastic's children’s book publishing group was blamed on the absence of a major bestseller. In fiscal 2017, the publisher's sales were driven by 'Harry Potter and the Cursed Child,' which was released during the first quarter of last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-21 00:00:00 UTC ]
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Global Publishing Leaders 2017: Scholastic

Scholastic is the world’s largest publisher and distributor of children’s books and is the leading operator of school-based book clubs and book fairs in the United States. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Pearson to axe 3,000 jobs after slump at main US business

Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian

[ The Guardian | 2017-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warnings