Granada Publishing Ltd published fiction, non-fiction, and educational books. It was set up in 1966 as a subsidiary of media and broadcasting company Granada Group Ltd which wanted to acquire the business of the Hour Press Ltd, a London publishing company. Granada Publishing Ltd was incorporated as a limited liability company in 1968.

By 1968, Granada Publishing Ltd acted as distributors for a number of publishers and had its own subsidiary companies, transferred from Granada Group Ltd’s holdings. The subsidiary companies included Panther Books Ltd, MacGibbon & Kee Ltd, Rupert Hart-Davis Ltd, Arco Publications Ltd, Staples Press Ltd, Mayflower Books Ltd.

In 1979, Granada Publishing Ltd acquired the London-based publisher Paul Elek Ltd along with its subsidiary companies, Elek Books Ltd and Paul Elek (Scientific Books) Ltd.

In 1981, Granada Publishing Ltd established a subsidiary company, Grafton, named after the company’s address on Grafton Street.

In 1983, Granada Group Ltd sold the publishing side of its business to the Scottish publishers, William Collins, Sons & Co Ltd based in Glasgow, which consolidated all of Granada’s paperback imprints under the name Grafton. In 1988, what remained of Granada Publishing Ltd became known as Collins Video Ltd, which in turn became William Collins G(X) Ltd in 1991. The company was finally dissolved in 1999.