Hachette Book Group

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. Also, two books would be issued per month from Popular's new imprint, Questar, for science fiction.[7]

Time Warner was formed in 1989 by the merger of Time and Warner.[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 as AOL Time Warner Book Group.[9] 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.[10] 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.[11] On February 5, 2010, Hachette announced that it would adopt an agency pricing model for its e-books.[12]

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.[13] 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.[14]

In June 2013, Hachette announced it would acquire Hyperion Books from Disney Publishing Worldwide.[15][16] In March 2014, Hyperion was renamed Hachette Books with the naming of Crown Archetype editor-in-chief Mauro DiPreta as vice-president and publisher.[17]

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.[18] 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.[19]

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.[20] The deal was called off in August 2014.[21] 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.[22]

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.[23] 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.[24]

In June 2020, Hachette was one of a group of publishers who sued the Internet Archive, arguing that its collection of e-books was denying authors and publishers revenue and accusing the library of "willful mass copyright infringement".[25][26]

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.[16][27]

• Penguin Random House
• Simon & Schuster
• Macmillan
• HarperCollins

• Official website