Lionsgate is typically left out of discussions about the state of the US streaming hierarchy – shunned from the inner circle like a kid in the schoolyard who just can’t fit in, no matter how hard they try. The media company has been in a state of flux – with the studios arm newly spun off from the Starz business as a separately traded entity (87% owned by Lionsgate). With Q1 2024 being the last financial report before the split, which completed in mid-May 2024, this is Lionsgate’s way of streamlining business operations to brush shoulders with the big boys – shoehorning itself into the conversation whether you like it or not. Lionsgate has finally executed something Faultline has been…