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Publishing House: The most spectacular of the British mergers took place in 1966, when seven publishing houses came together as a subsidiary of the International Publishing Corporation, the world's largest magazine and newspaper combine. In this amalgamation were such old houses as Ginn & Co. and such relatively new ones as Daily Mirror Books—hardly a publishing house at all in the old sense. IPC's rival, the Thomson Organization, had already absorbed a noteworthy publisher, Hamish Hamilton, a year earlier.
HACHETTE, a-shet', Louis Christophe Francois(1800-1864), French publisher, who founded Europe's largest publishing house, Librairie Ha-chette. He was born at Rethel, Ardennes, on May 5, 1800, and studied in a teachers college and for the law. In 1826 he bought the Librairie Bredif, changed its name, and started publishing educational books and editions of classics.
Hachette went on to publish dictionaries and reference books, popular novels, books for children and youth, and travel books.
Publishing Combinations. The largest newspaper combination in England, which also owns magazines and other properties, is the International Publishing Corporation, largest organization of its kind in the world, familarily known as the IPC. Formed in 1963, by the end of the decade it had more than 220 publications and 27 printing plants, with a total of 30,000 employees. |
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