Peter Warwick

Stories

Scholastic acquires Cottage Door Press to expand early childhood publishing

Leading the company through its format-expansion and acquisition strategy

Scholastic, the world's largest publisher and distributor of children's books, announced on September 29 that it will acquire Cottage Door Press, a fast-growing maker of early childhood books, for approximately $71 million. Cottage Door generated about $45 million in net revenue in the 12 months ended May 31, 2026, and was strongly profitable. The deal is expected to close by the end of 2026, with Cottage Door folded into Scholastic's Children's Book Group. Its Luna StoryTime interactive toy line will be spun off before closing and is not part of the purchase.

Updated Oct 17

Notable Quotes

Scholastic continued to advance its fiscal 2027 priorities during the seasonally small first quarter, with strong early indicators across our businesses reinforcing our confidence entering the important back-to-school and fall season.

from Scholastic acquires Cottage Door Press to expand early childhood publishing · Updated Oct 17

Cottage Door is a strong strategic fit for Scholastic and an attractive investment in an important growth area of the children's book market. Dick Maddrell and his team have built one of the fastest growing independent publishers with category-defining formats, concepts and licenses, as well as strong relationships with retailers and families. Bringing their strengths together with Scholastic's trusted brand, publishing expertise, unique school channels and distribution scale creates meaningful opportunities to build on that momentum and create long-term value.

from Scholastic acquires Cottage Door Press to expand early childhood publishing · Updated Oct 17