All fairly predictable really. The initial sentence was massively brutal because they KNEW the clubs would appeal, so this lesser sentence is just the fallback position the Italian FA knew they'd end up at.
Juve's punishment of having their last two titles taken away has also been upheld. So who were champions for the last two years. I'm guessing not AC as they have also been punished in this fiasco, maybe Inter? Or maybe no-one at all?