|Parent company||Hachette Livre|
|Founded||March 31, 2006|
|Country of origin||United States|
|Headquarters location||New York City, United States|
|Key people||Michael Pietsch (CEO)|
Hachette Book Group (HBG) is a publishing company owned by Hachette Livre, the largest publishing company in France, and the third largest trade and educational 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. Its headquarters are located at 1290 Avenue of the Americas, Midtown Manhattan, New York City. Hachette is considered one of the big-six publishing companies, along with Holtzbrinck/Macmillan, Penguin Random House, HarperCollins, Scholastic, and Simon & Schuster. In one year, HBG publishes approximately 1400+ adult books (including 50-100 digital-only titles), 300 books for young readers, and 450 audio book titles (including both physical and downloadable-only titles). In 2016, the company had 214 books on the New York Times bestseller list, 44 of which reached No. 1.
Warner Communications had acquired the Paperback Library in 1970 to form Warner Books. In 1982, CBS Publications sold off Popular Library to Warner. 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. Also, two books would be issued per month from Popular's new imprint, Questar, for science fiction.
Time Warner was formed in 1989 by the merger of Time and Warner. 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 as AOL Time Warner Book Group. 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 the Book Group to Lagardère, which placed it under its Hachette Livre book publishing arm. The Warner Books subsidiary was renamed Grand Central Publishing, which launched a more literary imprint, Twelve, under former Random House editor-in-chief Jonathan Karp. On February 5, 2010, Hachette announced that it would adopt an agency pricing model for its e-books.
In April 2012, the United States Department of Justice filed United States v. Apple Inc., naming Apple, Hachette, and four other major publishers as defendants. The suit alleged that they conspired to fix prices for e-books, and weaken Amazon.com's position in the market, in violation of antitrust law. In December 2013, a federal judge approved a settlement of the antitrust claims, in which Hachette and the other publishers paid into a fund that provided credits to customers who had overpaid for books due to the price-fixing.
In June 2013, Hachette announced it would acquire Hyperion Books from Disney Publishing Worldwide. In March 2014, Hyperion was renamed Hachette Books with the naming of Crown Archetype editor-in-chief Mauro DiPreta as vice-president and publisher.
In May 2014, Amazon.com announced it was no longer taking pre-orders for Hachette books, stating a breakdown in negotiations over profit-sharing arrangements. According to Hachette, Amazon had also stopped discounting its books, sending prices of Hachette titles in the U.S. to more than twice what they were selling for in the UK. Amazon published a letter in August 2014 asking authors and readers to email Hachette's CEO Michael Pietsch and ask for lower e-book prices. Pietsch reportedly replied to each message he received.
In November 2014, Hachette announced that it had entered into an agreement to purchase nonfiction publisher Black Dog & Leventhal. The sale was finalized in January 2015, and Black Dog & Leventhal became an imprint of the Hachette Books publishing division.
In June 2014, the company in conjunction with Ingram Content Group, and Perseus Books Group, announced a three-way deal whereby Hachette would buy Perseus and then sell that company's client services businesses to Ingram. Financial details of the deal were not disclosed. The deal was called off in August 2014. In March 2016, HBG announced that it had entered into a binding agreement to purchase the publishing division of The Perseus Books Group. Perseus's distribution business was sold to Ingram in a separate move. The sale was completed in April 2016, and the publishing business joined HBG as the Perseus Books publishing group.
In April 2016, HBG announced an agreement to create a joint venture with the Yen Press imprint and Japanese publisher Kadokawa. Yen Press became known as Yen Press LLC, and is no longer considered an imprint of HBG's Orbit publishing division.
In September 2018, Hachette acquired the Christian publisher Worthy Publishing. This was followed by a November reorganization in which Worthy and FaithWords merged its teams under its Hachette Nashville division and Hachette Books was moved under the Perseus Books division, while taking in Da Capo Press staff and imprints. A total of 25 staff were leaving in the move and including vice president and publishers Mauro DiPreta (Hachette Books) and John Radziewicz (Da Capo Press). Basic Books will also take in Seal Press and continue it as an imprint.
Hachette Book Group operates 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.
An independent publishing division within Hachette. Previously known as Warner Books.
|Grand Central Publishing||General market and best-sellers|
|Forever Yours||Digital books|
|Grand Central Life & Style||Lifestyle and wellness|
|Twelve||Literature and nonfiction|
|Vision||Mass market editions|
Publishing group focused on audiobook adaptations and dramatizations of books published by various imprints within the Hachette group.
|Hachette Audio||Flagship imprint|
|Hachette Audio Powered by Wattpad||Adaptations of works originally published on Wattpad.|
|Hachette Audio Podcasts||Original podcasts|
Publishing group composed of imprints acquired from Warner Communications and Worthy Publishing. Formerly known as Warner Faith Books.
|Hachette Nashville||Christian works|
|Center Street||Conservative and military works|
|Worthy||Christian best sellers|
An independent publishing division within Hachette. Founded in 1837. Focused on fiction, non fiction, and "works of lasting significance". Purchased by Time Inc. in 1961, becoming part of Time Life. Sold to Hachette in 2006.
|Little, Brown and Company||Fiction and non-fiction|
|Back Bay Books||Trade paperback editions|
|Mulholland Books||Mystery, suspense and speculative fiction|
|Spark||Health and wellness|
|JIMMY Patterson||Children's books. Founded by James Patterson.|
|Little, Brown Books for Young Readers||Picture books and non-fiction for young readers.|
|LB Kids||Novelty and brand tie-ins.|
|Poppy||Fiction for young women.|
A publishing division focused on science fiction, fantasy, and mass market editions. Spun off from Little, Brown in 2006. Not to be confused with Orbis Books.
|Orbit||Science fiction and fantasy|
|Redhook||Mass market editions|
An independent publishing division within Hachette. Founded in 1996. Acquired by Hachette in 2016.
|Perseus Books||Flagship imprint|
|Avalon Travel||Guidebooks and travel literature|
|Da Capo Press||Pop culture and wellness, under Hachette Books|
|Hachette Books||Non-fiction and general interest. Formerly Hyperion Books|
|PublicAffairs||History, economics and public affairs|
|Running Press||Pop culture, inspirational and adult tie-ins.|