How did this end up on TCM

I was watching another movie on my DVR recently, one of those movies that's a little over 90 minutes but that TCM put in a two-hour time slot, leaving ample time for a short to round out the schedule before the next feature. That short was Champagne for Two.

The plot, such as it is since this is only a two-reeler, involves Jerry Malone (played by George Reeves). He owns a nightclub and one of the star attractions is his wife Lita (actress Lita Baron, credited as Isabelita). They've been married for just about a year, but didn't get to have a honeymoon, so they're just about to go off to Havana where they met (the short was made in 1947, so long before Communism came to Cuba) to have a sort of honeymoon.

Except that Mrs. Cowdy, the cleaning woman, shows up to claim that she heard a couple of men talking about making a big bundle in such a way that clearly implies that the men are planning a heist of the nightclub. Jerry is going to have to put off his trip for a day to make certain nothing happens, while Mrs. Cowdy and her husband are invited to the club to go undercover in the hopes that she can recognize the would-be criminals.

I won't mention how the story ends, but the framing story is really just a device to go around the musical numbers that include Lita as well as a humorous number with two guys wearing the front and back halves of a bull. It's not a bad short, and it's in Technicolor, although the print looks like some places could use some restoration in bringing back the eye-popping colors.

The big reason I bring up this short, however, is because it was produced... at Paramount. Now, I know that Paramount's pre-1950 features wound up with Universal, although there's no modern-day Universal logo on this one, and I'm not certain if the deal (with MCA, if memory serves) that wound up with Universal getting the rights to the Paramount library even included the shorts. But I couldn't come up with any good reason for this particular short to have made its way to any of the entities that became part of the Turner library that Ted Turner built before launching TCM. The only thing I can think is that Billy Rose, who wrote the original story might have wound up with the rights to this one at some point. But that's just a guess.