Scholastic Corporation
Scholastic Corporation is an American multinational publishing, education, and media company, recognized as the world's largest publisher and distributor of children's books. Founded in 1920, its core mission is to encourage the intellectual and personal growth of all children, beginning with literacy, and to inspire them to become lifelong readers and learners. The company's global headquarters are located in New York City, New York.
Scholastic's extensive portfolio includes a wide range of products and services such as books, comics, magazines (e.g., Scholastic News, Science World), pre-K to grade 12 instructional programs, films, and television content. The company holds perpetual U.S. publishing rights for popular series like Harry Potter and The Hunger Games, and is known for iconic characters such as Clifford the Big Red Dog. Distribution channels primarily include school-based book clubs and book fairs, retail and online sales, and direct-to-home programs, alongside providing educational materials and digital learning tools to schools and libraries worldwide.
Peter Warwick has served as President and CEO since August 2021, making him only the third CEO in Scholastic's over 100-year history, with Iole Lucchese as the Chair of the Board of Directors. In recent strategic moves, Scholastic announced a modified "Dutch Auction" tender offer to repurchase up to $200 million of its common stock in March 2026. The company also completed the acquisition of Canadian animation studio 9 Story Media Group in June 2024 and, in May 2025, announced the strategic integration of its Trade Publishing, Book Fairs, and Book Clubs divisions into a new Children's Book Group to enhance its reach and value.
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