Scholastic Corporation announced it will acquire Cottage Door Press, a leading independent children's publisher, for approximately $71 million. This acquisition strengthens Scholastic's position in the early childhood book market by adding innovative formats and expanding its portfolio across categories and channels. Cottage Door will continue operating with its existing team under Scholastic's Children's Book Group, preserving its creative identity while benefiting from Scholastic's resources. The deal is expected to close by the end of 2026 and contribute to revenue growth and profitability from fiscal 2027 onward.
Scholastic's acquisition of Cottage Door Press is the subject, with Pluang's Media sector market data as context. As of Sep 29, 2026 18:12 WIB, out of 45 priced US Media-sector stocks tradable on Pluang, 18 rose and 20 fell. Notable movers include NRDS at USD 8.65 with a 1-day change of +1.53%, NFLX at USD 69.94 with a 1-day change of +1.03% and a Pluang order activity of 31% Sell / 69% Buy, and META at USD 722.40 with a 1-day change of +0.95% and a Pluang order activity of 56% Sell / 44% Buy. The most notable figure is NRDS's 1-day change of +1.53%.
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