Scholastic

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Scholastic Drops Widely Criticized Book Fair Policy

Policy made it easier for school book fairs to exclude diverse books

(Newser) - Scholastic Inc. will end a widely criticized policy that made it easier for school book fairs not to sell works with racial, disability, and LGBTQ+ themes, the AP reports. The children's publisher angered many authors and educators this fall when it created a separate package of dozens of books,...

Inside the Reaction to Scholastic's Wild Revelation

Portfolio manager for T. Rowe Price has yet to hear from new board chair Iole Lucchese

(Newser) - It was a stunning revelation : Upon the unexpected death of Scholastic CEO and Chairman M. Richard Robinson Jr., the world—not to mention the company and its board—learned the $1.2 billion company wasn't staying in the family. Robinson left his controlling stake to Iole Lucchese, Scholastic's...

Family Stunned by Scholastic CEO's Will
Family Stunned by
Scholastic CEO's Will
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Aug 7, 2021 2:30 PM CDT

Family Stunned by Scholastic CEO's Will

Control of the publishing giant left to Robinson's rumored romantic partner

(Newser) - Scholastic, the world's largest publisher of children's books, was handed down from founder Maurice Robinson to son Richard Robinson in 1975—but when the younger Robinson died suddenly in June at age 84, relatives were stunned to discover that the business wasn't staying in the family. Robinson...

Captain Underpants Author Agrees With Scholastic Move to Yank Book

Dav Pilkey and publisher pull children's graphic novel for its 'passive racism' against Asians

(Newser) - Scholastic is acknowledging a "serious mistake" on its part regarding a children's book it has been distributing for more than a decade, and the book's author agrees. The education and media company has yanked The Adventures of Ook and Gluk: Kung-Fu Cavemen From the Future, a graphic...

Scholastic Pulls Kids Book on Washington Slaves, Cake

'Oh, how George Washington loves his cake!'

(Newser) - Scholastic is pulling a new picture book about George Washington and his slaves amid objections it sentimentalizes a brutal part of American history. A Birthday Cake for George Washington was released Jan. 5 and had been strongly criticized for its upbeat images and story of Washington's cook (the slave...

Companies Hobbled by Fewer Wall St. Analysts

(Newser) - The turmoil on Wall Street has left fewer analysts covering companies of all sizes, the Journal reports, leaving smaller operations struggling to connect with investors. Since September, there have been more than 2,200 instances of analysts formally dropping coverage—nearly a quarter of all research. That plunge has been...

Obama Wins in a Landslide Among Schoolkids

(Newser) - Barack Obama may be pulling slowly away from John McCain, but he's the overwhelming choice among the pre-K through 12th grade set. In a Scholastic poll, 57% of 250,000 students picked the Dem, USA Today reports. And don’t write it off as youthful inexperience —the poll has...

To Turn Boys Into Readers, Gross Them Out

Publishers embrace books about farts, boogers, blood

(Newser) - Young boys, who trail far behind their female peers as readers, are reversing that trend with help from publishers who seek to exploit their love for everything gross. The Wall Street Journal examines the wave of children's’ titles rife with farts, boogers, blood, and flesh-eating bacteria—and talks with some...

'Potter' Finale Deathly for Book Business

Final chapter casting spell on readers, but sellers don't feel magic

(Newser) - The final Harry Potter installment will likely fly off the shelves like a Quidditch player, but retailers are feeling decidedly grounded. Facing megasized hype, chains and websites will sell Harry for cost, leaving independent bookstores practically out of the selling loop. And Business Week reports Scholastic's lodestone is diverting attention...

9 Stories