Xuele Group (or: American Scholar Company, Shihlin Company) Scholastic Corporation (NASDAQ:SCHL) was founded in 1920 and is headquartered in New York City, New York, USA, with 8,900 full-time employees. It is a well-known publishing company in the United States.
Scholastic Corporation (SCHL):
Scholastic Corporation is an American publishing, education and media company that publishes, sells and distributes books and teaching materials for schools, teachers, parents and children. Xuele Group is the world’s largest publisher and distributor of children’s books and multimedia textbooks, as well as one of the largest school book clubs and book fair operators in the United States. Its products include children’s books, e-books, textbooks, magazines, multimedia textbooks, etc. To help children learn at home or school.
The American Scholars Company’s business is divided into three departments to operate: Children’s Book Publishing and Distribution, Education and International.
- Children’s book publishing and distribution department: publishes and distributes children’s books, e-books, media and interactive products, and distributes its products through its book clubs, book fairs, and trade channels. Its exclusive copyright publications include Harry Potter, The Hunger Games, The Amazing School Bus, I am a Spy, The 39 Clues, Spirit Animals, Captain Underpants, Goosebumps, Clifford The Big Red Dog, etc.; and authorized publications, including : Star Wars, Lego, Minecraft, Mouse Reporter, etc. In addition, the department also issues and manufactures book upgrade products, such as: clay charm, nail style studio, Lego chain interaction, etc.
- Education department: engaged in the publication and distribution of children’s classroom books, including: classroom magazines, auxiliary teaching materials, and customized courses and teaching guidance materials; in addition, printing and online learning (in school or library) of reference materials for preschool to 12th grade ; Published fiction and non-fiction children’s books under Children’s Press and Franklin Watts; Mentor Magazine and various digital advertising products.
- International Department: Authorize and license Scholastic Corporation’s books in 45 languages to other publishing companies; sell educational materials, software, children’s books to schools, libraries, bookstores, and other book distributors in about 150 countries.
Xuele Group generally sells its products directly to schools and libraries, or to the general public through retailers or online.
The history of Scholastic Corporation (SCHL):
- In 1920, Maurice R. “Robbie” Robinson founded Scholastic Publishing Company in Pennsylvania;
- In 1926, Scholastic published the first book-Saplings;
- In 1957, the first international branch-Scholastic Canada was established in Toronto, Canada;
- In 1964, Scholastic entered the UK and New Zealand markets;
- In 1968, Scholastic entered the Australian (Sydney) market;
- In 1974, Richard “Dick” Robinson, the son of the founder of Scholastic, became President of Scholastic Inc., and later served as CEO in 1975 and Chairman in 1982;
- In 1996, Scholastic acquired Weston Woods Studios;
- In 1997, Scholastic purchased the distribution rights of the first Harry Potter book (Harry Potter and the Philosopher’s Stone, later renamed Harry Potter and the Sorcerer’s Stone) through Arthur A. Levine Books;
- In 2000, it acquired Grolier (a publishing company founded in 1909);
- In 2002, acquired Klutz (a publishing company founded in 1977);
- In February 2012, Scholastic acquired Weekly Reader Publishing from Reader’s Digest Association;
- In 2015, Scholastic acquired Troubadour, Ltd. in the UK.
Departments and subsidiaries of Scholastic Corporation (SCHL):
- Children’s Book Publishing and Distribution
- Children’s Press
- Scholastic Trade Publishing
- Scholastic Reading Club
- Scholastic Book Fairs
- Scholastic Education (Educational Technology and Services)
- Scholastic Classroom and Community Group (classroom books, guide reading, classroom magazines, teaching resources, etc.)
- Scholastic International
- Media, Licensing and Advertising (Scholastic media, consumer and professional magazines, Scholastic National Partnership)
- Scholastic National Service Organization
Trade publishing companies include:
- Arthur A. Levine Books
- The Blue Sky Press
- Cartwheel Books
- The Chicken House
- Franklin Watts
- Klutz Press
- Little Apple Books
- Little Shepherd
- Michael di Capua Books
- Orchard Books
- Éditions Scholastic (French Canada)
- Scholastic Australia (composed of Koala Books, Margaret Hamilton Books, Omnibus Books, Scholastic Press)
- Scholastic en español
- Scholastic Paperbacks
- Scholastic Press
- Scholastic Reference