Blake Lively and Justin Baldoni averted a legal battle royale with the surprise settlement of a Lively’s It Ends With Us sexual harassment suit against him earlier this week.  But even avoiding an ugly trial and now dealing with legal and punitive damages, the actress and actor-director now face a trial of a different sort. Namely that of rebuilding their Hollywood careers. “They’re in in jail. Both of them,” says one high ranking studio executive. It was a sentiment echoed over and over again by many agents, producers, studio executives and casting directors informally surveyed by The Hollywood Reporter over the question of what was next for the two’s careers. It should be noted that the insights expressed did not diminish the talent of either, which can be seen in their body of work, but did assess the damage both have suffered from a protracted legal and public relations fight in which pyrrhic victories were the best outcomes. Lively led and produced 2024’s It Ends With Us, a drama that Baldoni directed, produced and also starred in. The movie was money-making hit, …