Grand Central Publishing is a book publishing imprint of Hachette Book Group, originally established in 1970 as Warner Books when Warner Communications acquired the Paperback Library. When Time Warner sold their book publishing business to Hachette Livre in March 2006, the North American operations of the Time Warner Book Group were renamed Hachette Book Group, while the group's Warner Books imprint became Grand Central Publishing, named in part by the proximity of their new offices to New York's Grand Central Terminal.