Hachette Books, formerly Hyperion Books, is a general-interest book imprint of the Perseus Books Group, which is a division of Hachette Book Group and ultimately a part of Lagardère Group. Established in 1990, Hachette publishes general-interest fiction and non-fiction books for adults. A former subsidiary of The Walt Disney Company, it was originally named after Hyperion Avenue, the location of Walt Disney Studios prior to 1939. Hachette took over a 1,000 book backlist when Hyperion was purchased from Disney in 2013 with 250 bestselling novels, including Mitch Albom’s The Five People You Meet in Heaven. History Hyperion Books Hyperion Books was founded in 1990 from scratch with no backlist under Disney's then-C.E.O. Michael Eisner and Robert S. Miller. Hyperion's strategy was to not purchase backlists, but to go after newer or lesser known authors and to "capitalize on Disney talent and products." Hyperion Books for Children (HBC) and Disney Press were also launched in 1990. The Disney Publishing Group was incorporated in January 1992 and included the already formed Hyperion Books, Hyperion Books for Children, Disney Press and other units. Hyperion took losses until 1994 when it published its most successful book to date, Don't Stand Too Close to a Naked Man by Tim Allen with 1.1 million copies sold. In March 1995 with the market too crowded with Disney books, Hyperion Books for Children merged with Disney Press. Hyperion Books for Children started a new imprint, Jump at the Sun, on September 7, 1998 for the African-American children's market. On April 9, 1999, Hyperion Books, sans its for-children stable mate, was transferred to Disney's ABC Group. On May 14, 2004, Hyperion and Wenner Media agreed to a publishing and distribution deal for Wenner's new imprint Wenner Books beginning in spring 2005. On September 28, 2007, Hyperion Books moved its offices from the ABC headquarters at 77 West 66th Street to the Disney Publishing Worldwide offices at 114 Fifth Avenue, occupying two floors of the building, during the course of a partial move of Hyperion's operations to White Plains, New York. Hachette Books On June 28, 2013, Hachette announced that it would acquire Hyperion from Disney. In the deal, Hachette will take on Hyperion's adult trade list including works by Mitch Albom and Michael J. Fox and 25 books to be published. Hyperion's books related to existing Disney–ABC Television Group properties and young adult titles will join the Disney-Hyperion imprint