Sloan served as chairman and CEO of Metro-Goldwyn-Mayer from 2005 to 2009, where he remains a consultant, and SBS Broadcasting (1990-2001).
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From 1976 to 1983, he was an entertainment lawyer with Sloan, Kuppin and Ament, which he founded in Los Angeles. Sloan served as co-chairman of New World Entertainment Ltd. from 1983 to 1989. He was appointed by President Ronald Reagan in 1987 to the President's Advisory Council on Trade and Policy Negotiations (ACTPN).