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October 18, 2021By Michael Cader

Scholastic Is No Waystar Royco

October 18, 2021By Michael Cader

The NYT has an odd, meandering, meta piece on the succession of Iole Lucchese as the controlling owner of Scholastic and the paper’s efforts to cover that development, apparently timed to match the return of HBO’s show Succession rather than relating to the actual news from late July. Lucchese tells the paper the news that she was to inherit Dick Robinson’s controlling Class A shares in Scholastic, delivered the day after learning of his death, “was overwhelming.” She was told by Scholastic general counsel and co-executor of Robinson’s estate, Andrew Hedden. Not explored in the story is whether the company […]

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