Hachette Book Group USA (HBG) was created when Hachette Livre; a French publishing company; acquired Time Warner Book Group from Time Warner in 2006 (see the Brief History sidebar below for more details). Hachette Livre is a wholly-owned subsidiary of Lagardre; a company that is active on a worldwide basis in the areas of communications and media (books; press; audiovisual and distribution/retailing of cultural products). HBG is comprised of the following publishing divisions:
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