Scholastic reports operating income drop of 55%

Scholastic Inc's operating income for the fiscal year ending 31st May fell 55% to $25m (£20.3m), despite a 2% increase in revenues to $1.65bn (£1.34bn), according to its latest financial results. Continue reading at 'The Bookseller'

[ The Bookseller | 2019-07-29 11:40:07 UTC ]
News tagged with: #operating income #2% increase #scholastic

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Scholastic walks back controversial segregated collection of diverse titles

With debates over book bans growing more contentious, the education publishing company tried to find a happy medium that may not exist. Across the nation, it’s time for the Scholastic Book Fair. The beloved and nostalgia-triggering event, where kids go and pick out an armful of books to take... Continue reading at Fast Company

[ Fast Company | 2023-10-25 13:50:00 UTC ]
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Scholastic Book Fair Will Discontinue Separate Collection Of Race And Gender Books

The publisher had said it would segregate books with themes on race and gender at school fairs in order to navigate a rash of bans across the country. Continue reading at HuffPost

[ HuffPost | 2023-10-25 04:04:33 UTC ]
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Scholastic Apologizes, Will End Controversial Book Fair Offering

After a public outcry, Scholastic this week said it will discontinue its optional diverse stories collection and pledged to "redouble" its efforts to "combat the laws restricting children’s access to books." Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-25 04:00:00 UTC ]
More news stories like this | News stories tagged with: #public outcry #scholastic #book fair


Scholastic to separate books on race, gender and sexuality for book fairs

Children’s book publisher will allow US districts to include or exclude separate list, a decision that has led to a backlashThe children’s book publisher Scholastic said it will separate titles in its elementary school book fairs by race, gender and sexuality, allowing school districts to... Continue reading at The Guardian

[ The Guardian | 2023-10-18 15:10:12 UTC ]
More news stories like this | News stories tagged with: #book fairs #book publisher #scholastic #children’s book


Rollout of Scholastic Book Fairs' New Diversity Offering Comes Under Fire

Scholastic said that it created its new "Share Every Story, Celebrate Every Voice" offering as a way to protect librarians and school officials dealing with restrictive new state laws and policies, but critics say that the program invites censorship. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-17 04:00:00 UTC ]
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Scholastic Offers Option to Exclude Diverse Books from Book Fairs

Scholastic has separated out LGBTQ books and BIPOC books into an optional add-on box in a policy some are calling a "bigot button." Continue reading at Book Riot

[ Book Riot | 2023-10-16 14:39:10 UTC ]
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Hachette Book Group Reports Third Quarter Revenue Dip

CEO Michael Pietsch said the 5.2% decline was attributable to "a lighter publication schedule" compared to the same period last year and "a downward trend" in the overall publishing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-16 04:00:00 UTC ]
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The Messenger Pens AI Partnership to Verify Its Reporting Quality

The general interest news publisher The Messenger, which launched in May with an ambitious vision for its reach and revenue, has penned a multiyear, multimillion-dollar partnership with the artificial intelligence company Seekr, according to president Richard Beckman. Among other elements of the... Continue reading at AdWeek

[ AdWeek | 2023-10-04 11:00:00 UTC ]
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How the nation's most famous newspaper editor took on Trump and his own reporters

Former Washington Post editor Martin Baron joins the L.A. Times Book Club Oct. 11 to discuss "Collision of Power," his book about Trump, Bezos and the future of journalism. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-10-02 13:00:31 UTC ]
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Amazon's Fire HD 8 tablet drops to $60 in early October Prime Day sale

Amazon has kicked off a new Fire tablet sale ahead of its Prime Big Deal Days event later this month. The discounts include the Fire HD 8 down to $60, the Fire HD 8 Plus for $70, the Fire Max 11 for $150, the previous-generation Fire HD 10 for $75 and the Fire 7 for $40,... Continue reading at Engadget

[ Engadget | 2023-10-02 07:45:36 UTC ]
More news stories like this | News stories tagged with: #extra gigabyte #extra $10 #all-time low #kids versions #yahoo life #ebooks


Lower Trade Sales, Book Club Reorg Dent Scholastic Results

Lower trade book sales and costs associated with the creation of its new School Reading Events business resulted in an operating loss in the quarter at Scholastic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-24 04:00:00 UTC ]
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New PEN America Report Finds 33% Jump in School Book Bans

"Amid a growing climate of censorship, school book bans continue to spread through coordinated campaigns by a vocal minority of groups and individual actors and, increasingly, as a result of pressure from state legislation," the report finds. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-21 04:00:00 UTC ]
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The Lessons in Chemistry Trailer Drops

The trailer for the adaptation of the bestselling book LESSONS IN CHEMISTRY starring Brie Larson has just dropped! Continue reading at Book Riot

[ Book Riot | 2023-09-14 18:04:40 UTC ]
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Drew Barrymore is dropped as National Book Awards host amid writers' strike controversy

The National Book Foundation has rescinded Drew Barrymore's invitation to host the National Book Awards while her show tapes amid the Hollywood strikes. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-09-12 23:23:20 UTC ]
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British Academy Names a Shortlist; Reports on Sales Impact

London's British Academy Book Prize reports on its 2022 winner's sales and rights deals as it releases its 2023 nonfiction shortlist. The post British Academy Names a Shortlist; Reports on Sales Impact appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-09-12 12:57:48 UTC ]
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National Book Awards Drops Drew Barrymore as Host

The National Book Awards has rescinded its invitation to Drew Barrymore to host the 74th National Book Awards following the actor's decision to resume filming her daytime talk show in spite of the ongoing Hollywood strikes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-12 04:00:00 UTC ]
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New PEN America Report Documents Surge in ‘Educational Intimidation’ Bills

A new wave of legislation is leading to censorship in schools and libraries by creating a climate of fear and uncertainty for educators. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-23 04:00:00 UTC ]
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Leadership Changes at Scholastic

Scholastic has announced a series of executive changes that will result in a new chief financial officer, president of its international group, and head of its education division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-16 04:00:00 UTC ]
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Print Book Sales Dropped 8.3% Last Week

In another week in which sales in all categories fell, unit sales or print books declined 8.3% at outlets that report to BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-10 04:00:00 UTC ]
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Report finds YouTube more popular than TikTok for young book buyers

Despite recent stories about the popularity of BookTok, Neilsen’s survey found more of those aged between 14-25 searched YouTube for new reads YouTube trumps TikTok as the most popular online platform for young people to discover new books, according to a report by Nielsen BookData.Nielsen,... Continue reading at The Guardian

[ The Guardian | 2023-08-07 14:48:11 UTC ]
More news stories like this | News stories tagged with: #survey found #nielsen bookdata #nielsen