keep in mind Prodigy was produced by nickelodeon and only distributed on Paramount+ - for accounting purposes they are all separate entities - Paramount, CBS, Paramount+, Nickelodeon etc even if they are all owned by ViacomCBS
Paramount+ is still the entity that decided to cancel the series and remove it from their platform less than a year after advertising themselves as being the home to "Every Series. Every Episode."
Not just accounting purposes. The commissioning producers are totally separate, decision making is largely devolved down to the separate channels to encourage audience awareness.