The last major holdouts in the protest against Reddit’s API pricing relented, abandoning the so-called “John Oliver rules” which only allowed posts featuring the TV host. It's the official end of the battle. The Reddit protest is over, and Reddit won.
They didn’t win shit. What they did broke the site for everyone. It doesn’t stop being broken because they seized control over the subs, something they could have done at any moment.
Reddit has detonated all its credibility, leaving a hole in the side just big enough for most of the site’s users to escape as they decide reddit isn’t worth it, or find good-enough alternatives. It won’t happen all at once, but it’ll happen.