Scholastic Corporation
Scholastic (or Scholastic Inc.) is a global book publishing company known for producing educational items for schools, teachers and parents, and selling and giving them by mail order and through book clubs and book fairs.
The company started to attract attention in the international publishing scene with titles such as "The Hunger Games" and "Clifford - the giant red dog".
In 1998, Scholastic achieved great success when publishing "Harry Potter and the Sorcerer's Stone" - the first book by writer J.K. Rowling. Harry Potter brings in millions of dollars in revenue for the company. The final volume of the novel series also sold 11.5 million copies in its first 10 days in the US.
With education as the foundation of its business, Scholastic Corporation distributes books and instructional materials to more than 90% of schools across the country. In addition, the publisher has partnered with organizations such as Reading Is Fund Fund and Reach Out & Read to help children and families access best-selling books.
Infomation:
Founded: 1920
Website: https://scholastic.force.com/
Headquarters: New York, USA
Revenue: USD 1.74 billion