Here's a couple of articles to read post hearing and now we'll wait it out.
Ars' Ashley Belanger with a post titled: "Book publishers with surging profits struggle to prove #InternetArchive hurt sales" https://arstechnica.com/tech-policy/2023/03/book-publishers-with-surging-profits-struggle-to-prove-internet-archive-hurt-sales/
And Mike Masnick (@mmasnick) with this fitting title: "Book Publishers Won’t Stop Until #Libraries Are Dead" https://www.techdirt.com/2023/03/22/book-publishers-wont-stop-until-libraries-are-dead/
No matter what happens, I'm sure this will be appealed and it's likely that SCOTUS will have to be involved in the not too distant future.