Paramount completed its $8 billion merger with Skydance on Tuesday, marking a major shakeup in the entertainment industry.

David Ellison, chairman and CEO of Paramount, laid out his vision for the company following the merger.

"My vision is to honor exceptional storytelling while modernizing how we make and deliver content to support the world's top creative talent, enhance experiences for audiences worldwide, and create sustainable value for our shareholders," he said.

The deal received final approval from the Federal Communications Commission in late July, following months of scrutiny and political controversy.

Much of the tension stemmed from a 60 Minutes interview with former Vice President Kamala Harris. President Donald Trump accused the Paramount-owned program of selectively edi

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