Todd Spangler NY Digital Editor Vice Media Group, still grappling with the ripple effects of its bankruptcy filing and aftermath, has tapped Mike Lang, a 30-year-plus veteran of TV, film and game industries who was one of Hulu’s founding executives, as interim executive chairman.
Lang joins as executive chairman of the Brooklyn-based media company after serving as an adviser to Fortress Investment Group, one of Vice Media’s former lenders.
Fortress, along with Soros Fund Management and Monroe Capital, acquired the company in a deal worth $350 million after Vice filed for Chapter 11 bankruptcy protection and in July 2023.
Lang comes on board after the exit of Hozefa Lokhandwala as co-CEO earlier this month, leaving Bruce Dixon the sole CEO. In memo to staff Monday, Dixon wrote that Lang will help Vice Media in its ongoing restructuring efforts aimed at getting Vice Media on the path toward “financial stability and future growth.” Lang most recently was CEO of Pixel United, a U.K.-based mobile-first games company, which is part of publicly traded Aristocrat Leisure based in Australia.
Read more on variety.com