Skydance Media and Paramount Global have completed their merger, creating a new media conglomerate and ending months of turmoil over the deal that has drawn allegations of corruption directed at the Trump administration.

The new chief executive of Paramount repeatedly said on Thursday he doesn’t want to “politicize” the company as its merger with Skydance Media finally closes, two weeks after the Federal Communications Commission approved the $8.

Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment giant after a contentious, over year-long endeavor to get the transaction ov