Scholastic Corporation is a global publishing and education company that creates and distributes children's books, educational materials, and media content. The company operates primarily through three main segments: Children's Book Publishing and Distribution, Education Solutions, and International, with a newly formed Entertainment segment added in fiscal 2025 following the acquisition of 9 Story Media Group.
The Children's Book Publishing and Distribution segment is the company's primary revenue generator, responsible for the publication and distribution of print, digital, and audiobooks. This segment leverages Scholastic's proprietary school-based book clubs and book fairs, which provide direct access to students and educators, alongside traditional trade channels. The Education Solutions segment provides print and digital instructional materials, classroom magazines, and supplemental educational products designed to support literacy and learning in schools. The International segment publishes and distributes educational materials and books in multiple languages, operating school-based marketing channels across various global markets.
Scholastic holds the publishing rights to highly successful franchises such as Harry Potter, The Hunger Games, Dog Man, and Captain Underpants. The company's business model relies on its deep integration into the educational system, utilizing its direct-to-school distribution network to maintain a strong competitive position in the children's publishing market. In fiscal 2024, Scholastic generated approximately $1.59 billion in total revenue.
