From: http://www.scholastic.com/aboutscholastic/

Scholastic Inc., the global children’s publishing and media company, has a corporate mission supported through all of its divisions of instilling the love of reading and learning for lifelong pleasure in all children. Recognizing that literacy is the cornerstone of a child’s intellectual, personal and cultural growth, Scholastic, for more than 82 years, has created quality products and services that educate, entertain and motivate children and are designed to help enlarge their understanding of the world around them.

Scholastic is the largest publisher and distributor of children’s books in the world, including the phenomenally successful Harry Potter™, The Babysitters Club ®, Dear America ®,The Royal Diaries™, Animorphs ® and Clifford the Big Red Dog ®. Through the company’s unique school and community-based distribution channels, including its book clubs and book fairs, Scholastic reaches 32 million children, 45 million parents and nearly every school in the U.S.

Scholastic is a $2 billion multimedia company with 10,000 employees operating globally in education, entertainment and publishing businesses marketing to children, parents and teachers. A highly trusted brand name with many businesses centered around education and learning, Scholastic’s products and services include award-winning curriculum software, television shows, videos, magazines, books and toys marketed through school and home, including the Internet, direct mail, telemarketing call centers and sales forces. Scholastic is a publicly held company that trades on the NASDAQ under the ticker symbol SCHL.

The company has built a longstanding relationship as the most trusted name in publishing, education and entertainment, reaching millions of parents, teachers and children. Scholastic lends support to teachers by providing both professional and classroom resources. Its 35 school-based magazines, published for grades pre-K—12, are unrivaled in the educational publishing industry, consistently capturing a host of national awards, including the Association of Educational Publisher's prestigious EdPress Awards.

Through its education division, Scholastic is committed to creating high-quality multimedia products for use in school and at home, including breakthrough reading instruction programs. Scholastic's award-winning Entertainment Division produces family-oriented videos and television programming based on its best-known, best-loved children's books including the best-loved Clifford the Big Red Dog on PBS Kids™.

Scholastic.com, "The Most Trusted Place in Cyberspace" has won numerous awards including the prestigious Webby Award and People's Choice Award for the Best Kids Site in 2000. With rich educational content and classroom-tested online curriculum, Scholastic.com is revolutionizing the way teachers and students integrate technology into the classroom and work together to enhance learning.

In June 2000 Scholastic acquired Grolier Inc., the leading on-line and print publisher of reference products and the leading operator of direct-to-home book clubs, bringing together two of the most popular names in publishing and online media for children.

In Dec. 2001 Scholastic acquired Tom Snyder Productions a leading developer and publisher of Interactive educational software.

In March 2002, the Company acquired Klutz, a highly innovative publisher and creator of "books plus" products for children. Founded with the publishing of its classic first title Juggling for the Complete Klutz, Klutz has created a whole new category of experiential books designed for doing, not just reading, that come packaged with the "tools of the trade." Titles range from whimsical to serious, from crafts and games to educational.

Internationally, Scholastic operates wholly owned companies in Argentina, Australia, Canada, Hong Kong, India, Indonesia, Ireland, Malaysia, Mexico, New Zealand, The Philippines, Singapore, Taiwan, Thailand and the United Kingdom.