Scholastic Media (SM) is a leading media and consumer products business that creates and distributes high quality media and engaging products for children. A proven leader in the children’s entertainment industry, SM ranks as one of the foremost producers of quality, family-oriented content for a multitude of platforms, including television, feature films, DVDs, video games and web sites, and is an award-winning licensor and marketer of children’s properties worldwide. SM manages and grows Scholastic’s global brands through an integrated strategy including all forms of media and consumer products. In September 2006, Scholastic teamed up with several leading distribution and content providers in children’s television to launch qubo, a multi-platform bilingual television network for children that promotes literacy and positive values. SM is comprised of four main groups: Scholastic Productions, Scholastic Marketing & Consumer Products, Scholastic Audio Group and SE Distribution, and also includes two production studios — Soup2Nuts, a cutting edge animation studio, and Weston Woods® Studio — as well as the Company’s highly successful Interactive Products Group consisting of interactive product development and Click! Interactive Learning Club.