Miramax Could Announce News Corp. Executive Mike Lang as New CEO

Filmyard also eyes MGM's Jim Packer is in talks for a job after the acquisition from Disney closes.

NEW YORK - Former News Corp. business development executive Mike Lang is in talks to become the new CEO of Miramax Films after the acquisition of the studio closes, the Los Angeles Times reported.

Lang has been a key figure for likely acquiror Filmyard Holdings, a group that includes Ron Tutor and private equity firm Colony Capital, in its negotiations with current owner Walt Disney.

Filmyard has also held talks with others for top executive posts, including Jim Packer, co-president of worldwide television for MGM,  according to the Times.

Both executives are seen as having skills that would help get value out of Miramax's library of 700 titles by getting them on traditional and emerging distribution platforms.

While at News Corp., Lang, for example, worked on cable TV and online business issues, including the formation of online video joint venture Hulu and the acquisition of MySpace. He also used to work in a strategic planning role at Disney.

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