Scholastic Inc.

How Scholastic Kept Its Relevance in a Digital World
May 27, 2014

Scholastic, the iconic publishing company has nearly 100 years of history promoting literacy to kids, but the digitization of the world over the last 20 years created some new challenges. With more and more kids turning towards digital media for their entertainment, Scholastic recognized in order to remain relevant and fulfill the company's mission, it would need to reach children where they were: on screens.

Publishers are Signing up with eBook Subscription Services in Droves
May 1, 2014

Hot on the heels of news that Oyster had signed a trio of publishers comes new reports that their competition is doing the same.

Earlier this week the kid-focused service Epic announced a deal with Capstone Young Readers to add 500 titles to Epic’s current catalog. The new additions include licensed titles from DC Entertainment, Sports Illustrated for Kids, Tony Hawk and Warner Brothers. Epic offers Netflix-style subscription access to nearly 4,000 ebooks for kinds aged 7 to 12 for $9.99 a month, and currently offers an iPad app.

Disney Partners with Bestselling Children's Authors for New Star Wars Adaptations
April 18, 2014

Disney Publishing Worldwide will release four new children's books tied to the original Star Wars film trilogy, starting in October 2014. Authors Tom Angleberger (The Strange Case of Origami Yoda), Tony DiTerlizzi (The Spiderwick Chronicles), Adam Gidwitz (A Tale Dark & Grimm), and R.J. Palacio (Wonder) are reinterpreting the original Star Wars saga storylines in advance of the December 2015 release of the next Star Wars film, Episode VII.

Zoobean Debuts a Recommendation Service for Children’s Apps and Books
March 28, 2014

Zoobean, one of many startups to experiment with the “Netflix for kids’ books” business model – meaning, a subscription-based children’s books service where new books arrive monthly – is today shifting to become a broader recommendations platform instead. Going forward, the company aims to become something that’s more like a “Pandora for children’s apps and books,” helpfully pointing parents to personalized content they can buy if they choose.

Scholastic Q3 Loss Narrows On Tax Benefit; Reiterates 2014 Outlook
March 21, 2014

Children's publishing, education and media company Scholastic Corp. (SCHL: Quote) on Thursday reported a loss for the third quarter that narrowed from last year, reflecting a one-time tax benefit.

Revenues for the quarter declined 1 percent, primarily due to lower sales of the company's higher-margin educational technology products. Looking ahead, the company reiterated its financial outlook for fiscal 2014.

New All-Digital Curriculums Hope to Ride High-Tech Push in Schoolrooms
March 3, 2014

On Monday at an education conference in Austin, Tex., Joel Klein, the former chancellor of New York City public schools and the current chief executive of Amplify, the education unit of Rupert Murdoch's News Corporation, will introduce a digital English language arts curriculum for middle school.

McGraw Hill, the textbook publisher, will also announce this week that it has signed a partnership with StudySync, a company that creates digital English curriculum tools that have been deployed in 22,000 classrooms and are priced at about a third of Amplify's rate.