New English Library (NEL) was created in 1961 by the Times Mirror Company of Los Angeles, with the takeover of two small British paperback companies, Ace Books Ltd and <a href="/c/books/credit/115168/four-square-books/">Four Square Books</a>, as a complement to its 1960 acquisition of <a href="/c/books/credit/21862/new-american-library/">New American Library</a> in the United States. The imprint was sold in 1981 to <a href="/c/books/credit/25180/hodder-stoughton/">Hodder & Stoughton</a>, and became part of the merged <a href="/c/books/credit/65520/hodder-headline-plc-group/">Hodder Headline</a> in 1993.