Corporate News

Scholastic Reports First Quarter Results for Fiscal 2009


Year Ago Period Included Record Harry Potter Sales


New York — September 25, 2008 — Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported results for the fiscal 2009 first quarter ended August 31, 2008. Scholastic typically records minimal sales from its School Book Fairs and Book Clubs in the first quarter of the fiscal year, when most schools are not in session, resulting in a seasonal loss.

Scholastic Corporation Announces Second Quarter Dividend

New York, NY — September 24, 2008 — Scholastic Corporation (NASDAQ:SCHL) announced that its Board of Directors today declared a quarterly cash dividend of $0.075 per share on the Company’s Class A and Common Stock for the second fiscal quarter of 2009. The dividend is payable on December 15, 2008 to shareholders of record as of the close of business on October 31, 2008.

The Magic Continues with the Release of Harry Potter and the Deathly Hallows in Paperback on July 7, 2009

New York, NY — September 22, 2008 — Fans of Harry Potter are keeping the magic alive online and in bookstores, schools, libraries and homes all across the country with fans re-reading the series and new fans starting at the beginning. There are anniversaries to celebrate, a new charity book in December from J.K. Rowling and now – the announcement from Scholastic that the paperback edition of J.K.

Jeff Nathanson Signs on to Write “The 39 Clues” for DreamWorks Studios and Scholastic Media


The groundbreaking, multi-platform property from Scholastic to Launch on September 9, 2008


Los Angeles, CA — September 2, 2008 — Jeff Nathanson has signed on to write the screenplay for the first film installment of The 39 Clues™, it was announced today by Stacey Snider, Co-Chairman and CEO of DreamWorks Studios and Deborah Forte, President of Scholastic Media.

Scholastic Book Clubs’ ClassroomsCare Teaches Kids the Value of Reading and Giving Back—to the Charities of Their Choice.


ClassroomsCare Now Includes Free Lesson Plans and Other Character Education Resources for Teachers


NEW YORK, NY — Aug. 27, 2008 — Each fall, millions of kids nationwide read their hearts out. Through the Scholastic Book Clubs’ ClassroomsCare program, participating classrooms are asked to read 100 books, and, in turn, Scholastic Book Clubs donates up to 1 million new books to kids in need. And this year, the program has gone to a whole new level.

Calling All First-Time Harry Potter Readers and Long-Time Fans

Celebrate the 10th Anniversary of Harry Potter and the Sorcerer's Stone with an All Day Read-a-Thon Webcast Live at On September 23

“Harry Potter Cover to Cover Day” Invites Fans to Sit In the Throne Used by J.K. Rowling at Carnegie Hall and Read From the Book That Started it All

Calling All First-Time Harry Potter Readers and Long-Time Fans!


Harry Potter Cover to Cover Day” Invites Fans to Sit In the Throne Used by J.K. Rowling at Carnegie Hall and Read From the Book That Started it All


Scholastic Announces Sale of Direct-To-Home Continuities Business

New York — August 7, 2008 — Scholastic Corporation (NASDAQ: SCHL) today announced that it has entered into a definitive agreement with Sandvik AS to purchase its U.S. direct-to-home continuities business. Sandvik AS is a Norway-based, family-owned company whose primary line of business is operating consumer-direct, age-appropriate children’s book clubs, using email and the Internet to reach their target audience of parents with children up to age seven. Scholastic expects to close the sale in the first quarter of fiscal year 2009.

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