Conspiracy Theory: The Real Reason CBS Reality Remains In The UK
In the summer of 2019, AMC International and Paramount made a loss of £8,024,000 before tax £4,000 and a year later amidst the pandemic witnessed a small increase in an impairment charge of £8,643,000 with net assets worth £4,069,000. Earlier in the month, CBS Reality remained onboard their stable while other CBS brands like CBS Justice, CBS Drama and Horror Channel were axed for Legend, Reality Xtra and Horror Xtra as rumours swirl about the dismemberment of their partnership. As seen in their financial records in the summer of 2020, AMC International is in a loss making position with a net current liabilities of £7,178,641 (2019: £7,162,843) and negative equity of £7,178641 (2019: £905,317) with Paramount offering funding until for the rest of 2021 and discussing future prospects by the end of 2022. Taking that to account, the name change could have something to do with the reported losses and the changes could spell the dismemberment of Paramount and AMC International after 1