> we're talking about companies which make hundreds of billions of dollars operating their platforms

No, we're talking about anybody that operates a website or app that allows someone else to post content to it.

Obviously blanket immunity is only good for those who operate web-services (and to some degree, everyone that uses those services.)

We want that immunity for good reason. If we are getting rid of that, we should make a good case for the value to be gained. Here, I don't see the argument being made clearly. The example website in the article is still being prosecuted. Why do we need this new law? Does this increase the potential penalties they face? Can't we just increase the penalties for those crimes?

edit: bad grammar