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Scholastic Corporation is a global children's publishing, education and media company. Founded in October 22, 1920 by Maurice R. Robinson as a single classroom magazine, Scholastic has grown to become the largest publisher and distributor of children’s books in the world with over $2 billion in annual revenue. The company operates through five major business segments: Children’s Book Publishing & Distribution; Education; International; Media, Licensing & Advertising; and Corporate & Other Investments. It distributes its products globally through book clubs, book fairs, school-based retail programs, eCommerce sites and trade channels including supermarkets, discount stores and online retailers. Today, Scholastic serves more than 36 million students both domestically (in the US) and internationally across 150 countries worldwide each year. The company has employees located throughout the world with offices mainly in New York City (headquarters), London UK and Toronto Canada.