Scholastic's asset
Scholastic

@scholastic.com

Scholastic is the world's largest publisher and distributor of children's books, connecting educators and families through accessibility, engagement, and expertise.

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About

Description

Scholastic Corporation, headquartered in New York City, United States, is a leading global publisher and distributor of children's books and educational materials. Established in 1920, Scholastic initially began as a publisher of magazines for in-school use but has since expanded its product offerings and services. Scholastic's headquarters are located in the SoHo neighborhood of Manhattan, occupying a modern building.


The company operates in several segments, including Children's Book Publishing and Distribution, Education, and International. In the Children's Book Publishing and Distribution segment, Scholastic publishes and distributes a wide range of books for children of all ages. Their catalog encompasses well-known titles such as the Harry Potter series, The Hunger Games trilogy, and Clifford the Big Red Dog.


Additionally, Scholastic operates book clubs and fairs, which provide children with opportunities to purchase books through their schools. Under the Education segment, Scholastic offers a variety of educational materials, classroom magazines, and digital resources for teachers and students. These resources help promote literacy, support curriculum implementation, and encourage reading engagement in schools across the United States.


On a global scale, Scholastic has a strong presence in more than 165 countries. The company operates subsidiaries and joint ventures in various international markets, including Canada, the United Kingdom, Australia, New Zealand, China, and India. These partnerships and subsidiaries enable Scholastic to effectively reach and engage children worldwide.


Notably, Scholastic Inc. With a global network and extensive product range, Scholastic holds a prominent position in the market. It is widely recognized as the world's largest publisher and distributor of children's books, holding a significant market share.


Scholastic's key competitors include Penguin Random House, HarperCollins, and Hachette Livre. In recent years, Scholastic has continued to grow and adapt to changing market demands. The brand has expanded its digital offerings, providing e-books, literacy platforms, and educational technology solutions.


These initiatives have further strengthened its position as a leading educational publisher. As of the latest updates, Scholastic remains committed to its mission of promoting literacy and fostering a love of reading among children. The company adapts its strategies to leverage emerging technologies and ensure its products are relevant and engaging for young readers worldwide

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

1920

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