Scholastic

Scholastic Corporation is a prominent publisher and distributor of children's books globally, operating in three primary segments: Children's Book Publishing and Distribution, Education, and International markets. The Children's Book Publishing and Distribution segment produces a wide array of original publications, including popular titles such as Harry Potter, The Hunger Games, and Dog Man, as well as licensed properties like Peppa Pig and Pokémon. Additionally, it distributes children's books, e-books, and interactive products through school book clubs, book fairs, and trade channels. The Education segment focuses on classroom resources, including magazines and literacy curriculum materials, while the International segment offers educational publishing and distributes materials through school-based channels. Founded in 1920 and headquartered in New York, Scholastic serves millions of educators and families, emphasizing accessibility and engagement in children's literacy and education.

Past deals in Prince Edward Island

Ooka Island

Acquisition in 2017
Ooka Island Inc. specializes in a game-based learning program designed to teach children how to read. Founded in 2008 and based in Charlottetown, Canada, the company offers a structured curriculum consisting of 24 levels of educational activities and 85 e-books aimed at developing strong comprehension skills and enhancing the rapid processing of speech sounds. The program engages children by positioning them as heroes who must locate missing books and assist the Ooka Elves in their reading journey. Ooka Island also provides real-time reports that give insights into each child's reading progress, highlighting areas of strength and those needing improvement. As of 2017, Ooka Island operates as a subsidiary of Scholastic, Inc.
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