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Who said Bellator is moving to Showtime? Having to report to the Showtime boss is not the same as Bellator being on Showtime.
It isn't for certain but maybe the writing is on the wall with some of these changes.
Paramount isn't branded at all towards sports and never will be. All you need to ask yourself is how many times has Bellator event been replayed on Paramount, I don't think ever. Showtime has been a long time player in the sports arena and could provide better media outlet to the target audience even though its a premium channel. Hell, Showtime still plays Strikeforce events from years ago weekly. They won't put them on if no one was watching them.