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HarperCollins is headquartered in New York City and London and is a subsidiary of News Corp. The company's name is derived from a combination of the firm's predecessors. Harper & Brothers, founded in 1817, merged with Row, Peterson & Company in 1962 to form Harper & Row, which was acquired by News Corp in 1987.
James F. "Jim" McCann is an American entrepreneur who founded 1-800-Flowers, a corporation based on Long Island, in New York; 1-800 Flowers was one of the first companies to pioneer and popularize the use of both toll-free telephone numbers and Web sites to sell goods and services directly to consumers.
William Morrow and Company is an American publishing company founded by William Morrow in 1926. [1] The company was acquired by Scott Foresman in 1967, sold to Hearst Corporation in 1981, and sold to News Corporation (now News Corp) in 1999. [2] [3] [4] The company is now an imprint of HarperCollins.
In 2006, Harlequin published books in 26 languages in 109 international markets. They sold a total of 131 million books, similar to the company's sales in 2005. [46] The company is considered one of the most profitable publishers. Over $585 million worth of books sold in 2003 for gross profits of $124 million and a profit margin of 21%.
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Mariner Books, originally an imprint of HMH Books, [1] was established in 1997 as a publisher of fiction, non-fiction, and poetry in trade paperback. Mariner is also the publisher of the Harvest backlist, formerly published by Harcourt Brace/Harcourt Brace Jovanovich. [2] HarperCollins bought HMH in May 2021 for US$349 million. [3]