Blog Post

Former News Corp. Dealmaker Lang To Miramax As CEO?

A big day for ex-*News Corp*. execs. First, Ross Levinsohn signs with Yahoo (NSDQ: YHOO) as EVP-Americas. Now Mike Lang, who played a key role in forming Hulu, among other News Corp (NSDQ: NWS) deals, is being touted as the next CEO of Miramax.

Attributing the info to two knowledgeable sources, TheWrap reports that Lang is close to signing. Miramax was founded by the Weinstein brothers, who sold it to The Walt Disney Co.; (NYSE: DIS) this summer, Disney sold it to Ron Tutor and Tom Barrack for $660 million.

Lang left Fox, where he was EVP of business development and strategy at Fox Networks Group, in February after a six-year run that included a burst of frenetic dealmaking to build Fox Interactive Media (MySpace, IGN, etc.) and the founding of the joint venture now known as Hulu. But that burst was long gone; when he left, most of the activity was centered on unwinding and operating. One of his last major efforts was getting Disney on board as an equity partner in the Hulu JV.

His pre-Fox resume included his own strategic consulting firm and a stint in the late 90s at Zom, the internet startup backed by idealab, Brillstein-Grey Entertainment and Jerry Bruckheimer. He started in the corporate strategy department at Disney with theme parks and was part of the original group at the company’s Regional Entertainment Division developing urban Disney theme store/amusement effort DisneyQuest and ESPN Zone.

None of that shrieks movie CEO in the old-school sense but Miramax is a different kind of movie company and Lang’s mix of digital and traditional experience in media and entertainment should be valuable.