UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 9, 2009

AOL INC.

(Exact Name of Registrant as Specified in its Charter)

770 Broadway, New York, New York 10003

(Address of Principal Executive Offices) (Zip Code)

212-652-6400

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

Revolving Credit Facility

On December 9, 2009, AOL Inc. (the “Company”) entered into a secured credit agreement (the “Credit Agreement”) among the Company, as borrower, the lenders party thereto (the “Lenders”), Bank of America, N.A., as administrative agent (the “Administrative Agent”) and the other financial institutions party thereto for a 364-day $250.0 million senior secured revolving credit facility (the “Revolving Credit Facility”).

The maturity date of the Revolving Credit Facility is December 8, 2010. Borrowings under the Revolving Credit Facility are available for general corporate purposes. Loans made under the Revolving Credit Facility will bear interest at a fluctuating rate based on the applicable rating for the senior unsecured long-term debt of Time Warner Inc. (“Time Warner”).

Other material terms of the Revolving Credit Facility include:

The Company is restricted from extending, renewing or increasing its obligations under the Revolving Credit Facility, and the documentation entered into in connection with the Revolving Credit Facility may not be amended, modified, waived or released, in each case, without Time Warner’s prior consent.

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The foregoing description of the Revolving Credit Facility does not purport to be complete and is qualified in its entirety by reference to the full text of the Credit Agreement, which is attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.

Guarantees

On December 9, 2009, each of the Company’s material, wholly-owned domestic subsidiaries (the “Subsidiary Guarantors”) entered into a Guarantee, in favor of the Administrative Agent (the “Subsidiary Guarantee”), pursuant to which the Subsidiary Guarantors guaranteed all of the Company’s obligations under the Revolving Credit Facility. The foregoing description of the Subsidiary Guarantee does not purport to be complete and is qualified in its entirety by reference to the full text of the Subsidiary Guarantee, which is attached to this Current Report on Form 8-K as Exhibit 10.2, and is incorporated herein by reference.

In addition, Time Warner has guaranteed all of the Company’s obligations with respect to loans and letters of credit under the Revolving Credit Facility, pursuant to a Guarantee, dated as of December 9, 2009, in favor of the Administrative Agent (the “Time Warner Guarantee”). As consideration for Time Warner providing such guarantee, the Company will pay Time Warner a fee equal to 1.0% of the aggregate principal amount of the commitments at closing under the Revolving Credit Facility, and an ongoing guarantee fee, which will vary with the amount of undrawn commitments and the principal amount of the Company’s obligations outstanding under the Revolving Credit Facility, as well as changes in Time Warner’s senior unsecured long-term debt credit ratings. The guarantee fee will be subject to prescribed periodic increases over the term of the Revolving Credit Facility.

Security

On December 9, 2009, the Company and the Subsidiary Guarantors entered into a Security Agreement in favor of Bank of America, N.A., as collateral agent (the “Security Agreement”), for the benefit of the secured parties thereunder. Pursuant to the Security Agreement, the obligations under the Revolving Credit Facility and the Subsidiary Guarantee are secured by a perfected first-priority security interest in substantially all of the Company’s assets and the assets of the Subsidiary Guarantors (excluding cash and real property, but including 100% of the stock of the Company’s and the Subsidiary Guarantors’ first-tier domestic subsidiaries and 65% of the stock of their first-tier foreign subsidiaries).

In connection with the Security Agreement, on December 9, 2009, the Company and certain of the Subsidiary Guarantors entered into a Patent Security Agreement and a Trademark Security Agreement, in each case, in favor of Bank of America, N.A., as collateral agent, for the purpose of recording the security interest granted under the Security Agreement to the collateral agent in the United States Patents (as defined in the Security Agreement) and United States Trademarks (as defined the Security Agreement) with the U.S. Patent and Trademark Office.

The foregoing descriptions of the Security Agreement, the Patent Security Agreement and the Trademark Security Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of such agreements, which are attached to this Current Report on Form 8-K as Exhibits 10.3, 10.4 and 10.5, respectively, and are incorporated herein by reference.

In the ordinary course of their respective businesses, certain of the Lenders and their respective affiliates have engaged, and may in the future engage, in commercial banking and/or investment banking transactions with the Company and its affiliates for which they have in the past received, and may in the future receive, customary fees. In addition, the Company and Time Warner have entered into certain

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agreements pursuant to which certain services and rights will be provided for following the legal and structural separation of the Company from Time Warner. These agreements are discussed in the Information Statement included as an exhibit to the Company’s Registration Statement on Form 10, filed with the Commission on November 16, 2009.

The information set forth above under Item 1.01 of this Current Report on this Form 8-K is incorporated herein by reference.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 11, 2009

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EXHIBIT INDEX

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