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Bonnier Inc. also was recognized as Publishing Executive magazine's Publishing Innovator of the Year in magazine publishing.
The awards were presented by Book Business Editorial Director Noelle Skodzinski, who said Scholastic has been a leader and example for the industry.
"Scholastic is a company that has long been admired by many, and for reasons that are too many to cite," she explained in the awards presentation. "This past year, however, Scholastic seemed to go above and beyond its usual standards of leadership and forward-thinking business strategy. It also has reached beyond the borders of business, and launched impressive and noble efforts to improve literacy worldwide."
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