Hachette Book Group USA

Hachette Book Group USA

Parent company	Hachette Livre
Founded	2006
Country of origin	United States
Headquarters location	237 Park Avenue New York City
Key people	David Young (Chairman & CEO)
Imprints	Grand Central Publishing Little, Brown and Company Little, Brown Books for Young Readers FaithWords Hachette Digital Media Orbit Hyperion Books
Official website	www.hachettebookgroup.com

Hachette Book Group (HBG) is a publishing company owned by Hachette Livre, the largest publishing company in France, and the second largest publisher in the world. Hachette Livre is a wholly owned subsidiary of Lagardère Group. HBG was formed when Hachette Livre purchased the Time Warner Book Group from Time Warner on March 31, 2006.^[1] Its headquarters are in 237 Park Avenue, Midtown Manhattan, New York City.^[2] Hachette is considered one of the big-five publishing companies, along with Holtzbrinck/Macmillan, Penguin Random House, HarperCollins, and Simon & Schuster.^[3] Each year HBG publishes around 800 adult books, 200 young adult and children's books and 300 audio books.^[4]

History

The earliest publisher to eventually become part of the Hachette Book Group was Little, Brown and Company, founded in 1837, acquired by Time Inc. in 1968.^[1]
Warner Communications had acquired the Paperback Library in 1970 to form Warner Books.^[5] In 1982, CBS Publications sold off Popular Library to Warner.^[6] In April 1985, Warner Books relaunched Popular Library starting out with five other books plus the reprint of Question of Upbringing continuing each month with the follow volumes from A Dance to the Music of Time series by Anthony Powell. Additional, two books would be issued per month from Popular's new imprint, Questar, for science fiction.^[7] Time merged with Warner Communications to form Time Warner in 1989.^[8] Publisher Macdonald & Co. was bought in 1992 to become part of the Time Warner Book Group UK, and in 1996 the various branches merged to become Time Warner Trade Publishing, later renamed to Time Warner Book Group.^{[citation needed]} In 2003, Time Warner attempted to sell the Book Group but failed to get high enough bids. In March 2006, Time Warner completed the sale of Book Group to Lagardère and placed it under its Hachette Livre book publishing arm.,^[9] and its Warner Books subsidiary renamed itself Grand Central Publishing in March 2006. Grand Central also launched a more literary imprint, Twelve, under former Random House editor in chief Jonathan Karp.^[10] On February 5, 2010, Hachette announced that it would adopt an agency pricing model for its e-books.^[11]

In June 2013, Hachette announced it would acquire Hyperion Books from Disney Publishing Worldwide.^[12][13]

Current imprints

Hachette acquired a number of publishing brands aimed at different markets, and these brands themselves contain sub-imprints that are used to publish to an even more targeted audience. Imprints include:^[14][15]

Inactive imprints

Many imprints have been acquired by the Hachette Group and the companies that were merged to form the group. Many are no longer active.^{[citation needed]}

• Abacus
• Paperback Library (called the Warner Paperback Library after acquisition by Warner Communications in 1970)
• Questar Science Fiction
• Warner Aspect

Bestselling authors

See also

• The Big Six book publishers: Hachette, Random House, Simon & Schuster, Penguin, Macmillan, and HarperCollins

References

External links

• Hachette Book Group website