Efficacy, Safety, and Tolerability of Gebasaxturev (V937) Administered Intravenously or Intratumorally With Pembrolizumab (MK-3475) Versus Pembrolizumab Alone in Participants With Advanced/Metastatic Melanoma (V937-011)

Inclusion Criteria: * Has histologically or cytologically confirmed diagnosis of advanced/metastatic melanoma. * Has Stage III or Stage IV melanoma. * Must be naive to anti-PD-L1 treatment, talimogene laherparepvec (TVEC) and other oncolytic viruses. * Has 2 lesions as defined below: * At least 1 cutaneous or subcutaneous lesion that is amenable to IT injection and biopsy and measurable per RECIST 1.1 * At least 1 distant and/or discrete noninjected lesion that is amenable to biopsy and measurable per RECIST 1.1 * Has a performance status of 0 or 1 on the Eastern Cooperative Oncology Group (ECOG) Performance Scale * Demonstrates adequate organ function * Male participants refrain from donating sperm during the intervention period and for at least 120 days after the last dose of study intervention PLUS are either abstinent from heterosexual intercourse OR agree to use approved contraception during that period * Female participants are not pregnant or breastfeeding and are not a woman of childbearing potential (WOCBP) OR are a WOCBP that agrees to use contraception during the treatment and for at least 120 days after the last dose of study intervention * Has measurable disease per RECIST 1.1 * Is able to provide newly obtained core or excisional biopsy of a tumor lesion not previously irradiated * Human Immunodeficiency Virus (HIV)-infected participants must have well controlled HIV on anti-retroviral therapy (ART), defined as: * Must have Cluster of Differentiation 4 (CD4)+ T-cell count \>350 cells/mm\^3 at time of screening * Must have achieved and maintained virologic suppression * Must have been on a stable regimen, without changes in drugs or dose modification, for at least 4 weeks prior to study entry * The combination ART regimen must not contain any antiretroviral medication other than abacavir, dolutegravir, emtricitabine, lamivudine, raltegravir, rilpivirine, or tenofovir Exclusion Criteria: * Has had chemotherapy, definitive radiation, or biological cancer therapy or an investigational agent or investigational device within 4 weeks prior to the first dose of study intervention or has not recovered to Common Terminology Criteria for Adverse Events (CTCAE) Grade 1 or better from any AEs that were due to cancer therapeutics administered more than 4 weeks earlier * Has ocular melanoma * Has radiographic evidence of major blood vessel infiltration * Has clinically significant hemoptysis or tumor bleeding within 2 weeks prior to the first dose of study drug * Has an active autoimmune disease that has required systemic treatment in the past 2 years except vitiligo or resolved childhood asthma/atopy * HIV-infected participants with a history of Kaposi's sarcoma and/or Multicentric Castleman's Disease * Has a known psychiatric or substance abuse disorder that would interfere with the participant's ability to cooperate with the study requirements * Has undergone allogeneic hematopoietic stem cell transplantation within the last 5 years * Has not fully recovered from major surgery without significant detectable infection * Active cardiovascular disease (\<6 months prior to enrollment), myocardial infarction (\<6 months prior to enrollment), unstable angina, congestive heart failure or serious cardiac arrhythmia requiring medication * Has received prior therapy with an anti-PD-1, anti-PD-L1, or anti PD-L2 agent or other agents such as cytotoxic T-lymphocyte-associated protein-4 (CTLA-4), OX-40, Cluster of Differentiation 137 (CD137) * Has received a live vaccine within 30 days prior to the first dose of study drug * Is currently participating in or has participated in a study of an investigational agent or has used an investigational device within 4 weeks prior to the first dose of study intervention * Has a diagnosis of immunodeficiency or is receiving chronic systemic steroid therapy in excess of replacement doses or any other form of immunosuppressive therapy within 7 days prior the first dose of study drug * Has a known additional malignancy that is progressing or has required active treatment within the past 2 years * Has known active central nervous system (CNS) metastases and/or carcinomatous meningitis * Has hypersensitivity to pembrolizumab and/or any of its excipients * Has hypersensitivity to gebasaxturev or any of its excipients * Has a history of (non-infectious) pneumonitis that required steroids or has current pneumonitis * Has an active infection requiring systemic therapy * Has a known history of Hepatitis B or known active Hepatitis C virus infection * Has a history or current evidence of any condition, therapy, or laboratory abnormality that might confound the results of the study, interfere with the participant's participation for the full duration of the study, or is not in the best interest of the participant to participate, in the opinion of the treating investigator * Has had an allogenic tissue/solid organ transplant