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Hachette Livre S.A. (French:[aʃɛt]; simply known asHachette) is a Frenchpublishing group that was based in Paris. It was founded in 1826 byLouis Hachette asBrédif which later became successivelyL. Hachette et Compagnie,Librairie Hachette,Hachette SA and is then currently known in France asHachette Livre. After acquiring an Australian publisher,Hachette Australia was created; in theUK it becameHachette UK, and its expansion into theUnited States becameHachette Book Group.
It was founded in 1826 byLouis Hachette as Brédif, a bookshop and publishing company. It became L. Hachette et Compagnie on 1 January 1846, Librairie Hachette in 1919, and Hachette SA in 1977. The company was family led for several generations, including by Hachette's great-grandson,Robert Meunier du Houssoy.[1] It was acquired by theLagardère Group in 1981. In 1992, the publishing assets of Hachette SA were grouped into a subsidiary called Hachette Livre (French pronunciation:[a.ʃɛtliːvʁ]), the flagship imprint ofLagardère Publishing. Hachette has its headquarters in the15th arrondissement of Paris.[2] In 1996, it merged with theHatier group.[3] In 2004, Hachette acquired dictionary publisherÉditions Larousse.
In 2004, Lagardère acquired Australian publisherHodder Headline for Hachette Livre, who renamed it Hachette Australia.[5]
In 2006, it expanded into theUnited States when it purchasedTime Warner's book-publishing division, which was then renamedHachette Book Group USA. Part of Time Warner's holdings wasAustralian independent publishing house Lothian Books, which was incorporated as an imprint.[6]
In June 2013, Hachette announced that it would acquire the adult trade business ofHyperion Books fromDisney.[7] (Disney retained the young adult business and books related to existing Disney–ABC TV properties, under an expanded Disney–Hyperion imprint.)
In 2018, it announced itsRobinson Millenials label, under which it would be publishingwebcomics in partnership with Hiveworks Comics.[8]
In June 2014, the company's U.S. affiliate in conjunction withPerseus Books Group, andIngram Content Group, announced a three-way deal whereby Hachette would buy Perseus and then sell the company's client services businesses to Ingram. Financial details of the deal were not disclosed.[13] However, in August 2014, the deal was called off because Hachette and the other parties involved decided the deal was too complicated.[14] The deal eventually went through in April 2016 with Perseus's publishing assets and imprints going to Hachette, and distribution assets to Ingram.[15]
Hachette's English-language businesses in the UK and the U.S. will be moved to a single management team in January 2024, with Hachette UK CEO David Chelley taking the same position at the Hachette Book Group USA and reporting to the Hachette Livre chairman and CEOArnaud Lagardère.[16]
^Launet, Édouard. "Pas de quartier pour les éditeursArchived 5 November 2009 at theWayback Machine."Libération. 2 November 2009. Retrieved on 21 January 2012. "Chacun se souvient aussi du spectaculaire départ du groupe Hachette, abandonnant son énorme QG au coin des boulevards Saint-Michel et Saint-Germain pour le quai de Grenelle, dans le XVe."
1 Louis Hachette Group (via Lagardère SA) owns these brands in the United Kingdom only. These brands are owned byScholastic Corporation in the United States.
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