Welcome to our dedicated page for Scholastic news (Ticker: SCHL), a resource for investors and traders seeking the latest updates and insights on Scholastic stock.
Scholastic Corporation (SCHL) delivers trusted educational content and children's media through its global publishing networks. This page provides investors and stakeholders with a centralized resource for official press releases, financial updates, and strategic developments from the leader in children's literacy solutions.
Discover timely updates across Scholastic's core operations: book publishing innovations, education technology initiatives, and multimedia expansions of beloved literary franchises. Our curated news collection enables informed analysis of SCHL's market position in educational publishing and family entertainment.
Key content categories include earnings announcements, leadership updates, product launches, and partnerships advancing childhood literacy. All materials are sourced directly from Scholastic's corporate communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to SCHL's latest developments. Monitor how the company's 100-year legacy in educational publishing evolves through digital innovation and global community engagement.
Scholastic (NASDAQ: SCHL) has finalized its investment in 9 Story Media Group, a leading producer of children's content. The transaction, valued at CAD $250 million (approx. USD $182 million), was completed following approval from the Canadian Heritage Minister and satisfaction of customary conditions. This investment allows Scholastic to enhance its content creation and distribution capabilities, leveraging 9 Story's extensive library and production expertise. Scholastic plans to maintain its regular dividend and stock repurchase program, funding the deal through available cash and credit facilities. The collaboration is expected to drive long-term earnings growth and top-line improvements.
Scholastic announced the release of a new Dog Man book by Dav Pilkey on December 3, 2024. Titled 'Dog Man: Big Jim Begins,' it delves into the origin of Big Jim, a beloved character. The announcement follows the success of 'Dog Man: The Scarlet Shedder,' which topped bestseller lists. Additionally, DreamWorks Animation will release a Dog Man feature film in January 2025. Since its launch in 2016, over 60 million Dog Man books have been printed and translated into 47 languages, highlighting the series' global impact. The series emphasizes creativity, imagination, and positive messages.
Scholastic Education Solutions announced the pre-order of Our Stories Decodables, a collection of 24 culturally affirming decodable books for young readers, available for classrooms in September. The collection supports children in grades K-2, aiming to increase representation among young readers, particularly Black and Hispanic children. The series was designed to support young readers in developing essential reading skills grounded in the Science of Reading. The collection includes stories from various cultures and was written by authors representing diverse backgrounds, including first-time writers from Historically Black Colleges and Universities.
Mob Entertainment and Scholastic have entered into a multi-year partnership to extend the popular video game series 'Poppy Playtime' into various book genres. The first release, 'Poppy Playtime Orientation Notebook', delves into the lore of Playtime Co. and Huggy Wuggy, offering an immersive experience for fans. The collaboration aims to explore diverse storytelling landscapes and create expanded stories for readers of all ages.
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