UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                  -------------

                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934

                               (Amendment No. 3)*


                                 The Knot, Inc.
                                 --------------
                                (Name of Issuer)


                     Common Stock, par value $0.01 per share
                     ---------------------------------------
                         (Title of Class of Securities)


                                    499184109
                                    ---------
                                 (CUSIP Number)


                                December 31, 2005
                                ------------------
             (Date of Event which Requires Filing of this Statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

         |_|      Rule 13d-1(b)

         |X|      Rule 13d-1(c)

         |_|      Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





                                  SCHEDULE 13G


================================================================================

CUSIP No. 499184109                                            Page 2 of 8 Pages

================================================================================

1         NAME OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                            Time Warner Inc.
                            13-4099534

--------------------------------------------------------------------------------

2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  a|_|
                                                                            b|_|

--------------------------------------------------------------------------------

3         SEC USE ONLY


--------------------------------------------------------------------------------

4         CITIZENSHIP OR PLACE OF ORGANIZATION                          Delaware

================================================================================

                                5      SOLE VOTING POWER                       0
NUMBER OF
 SHARES                         ------------------------------------------------
BENEFICIALLY
 OWNED BY                       6       SHARED VOTING POWER        1,262,735 (1)
  EACH
REPORTING                       ------------------------------------------------
 PERSON
 WITH                           7       SOLE DISPOSITIVE POWER                 0

                                ------------------------------------------------

                                8      SHARED DISPOSITIVE POWER    1,262,735 (1)

================================================================================

 9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,262,735 (1)

--------------------------------------------------------------------------------

10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
            EXCLUDES CERTAIN SHARES                                          |_|

--------------------------------------------------------------------------------

11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)           5.4% (1)

--------------------------------------------------------------------------------

12          TYPE OF REPORTING PERSON                                          HC

================================================================================

(1)  Calculated pursuant to Rule 13d-3(d). The percentage is based on the number
     of  shares  of  common  stock of The Knot,  Inc.  ("Knot")  outstanding  on
     November 4, 2005, as reported in Knot's  Quarterly  Report on Form 10-Q for
     the quarter ended September 30, 2005. The 1,262,735 shares includes 799,900
     shares of common stock and 462,835 shares of common stock issuable upon the
     exercise of a warrant.





                                  SCHEDULE 13G


================================================================================

CUSIP No. 499184109                                            Page 3 of 8 Pages

================================================================================

1         NAME OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                        America Online, Inc.
                        54-1322110

--------------------------------------------------------------------------------

2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                  a|_|
                                                                            b|_|

--------------------------------------------------------------------------------

3         SEC USE ONLY


--------------------------------------------------------------------------------

4         CITIZENSHIP OR PLACE OF ORGANIZATION                          Delaware

================================================================================

                                5      SOLE VOTING POWER                       0
NUMBER OF
 SHARES                         ------------------------------------------------
BENEFICIALLY
OWNED BY                        6      SHARED VOTING POWER         1,262,735 (1)
  EACH
REPORTING                       ------------------------------------------------
 PERSON
 WITH                           7      SOLE DISPOSITIVE POWER                  0

                                ------------------------------------------------

                                8      SHARED DISPOSITIVE POWER    1,262,735 (1)

================================================================================

 9          AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,262,735 (1)

--------------------------------------------------------------------------------

10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
            EXCLUDES CERTAIN SHARES                                          |_|

--------------------------------------------------------------------------------

11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)           5.4% (1)

--------------------------------------------------------------------------------

12          TYPE OF REPORTING PERSON                                          CO

================================================================================

(1)  Calculated pursuant to Rule 13d-3(d). The percentage is based on the number
     of  shares  of  common  stock of The Knot,  Inc.  ("Knot")  outstanding  on
     November 4, 2005, as reported in Knot's  Quarterly  Report on Form 10-Q for
     the quarter ended September 30, 2005. The 1,262,735 shares includes 799,900
     shares of common stock and 462,835 shares of common stock issuable upon the
     exercise of a warrant.





CUSIP No. 499184109                                            Page 4 of 8 Pages


Item 1(a)         Name of Issuer

                           The Knot, Inc.

Item 1(b)         Address of Issuer's Principal Executive Offices:

                           462 Broadway, 6th Floor, New York, NY 0013

Item 2(a)         Name of Person Filing:

                           Time Warner Inc.

Item 2(b)         Address of Principal Business Office or, if none, Residence:

                           One Time Warner Center, New York, NY 10019

Item 2(c)         Citizenship:

                           Delaware

Item 2(d)         Title of Class of Securities:

                           Common Stock, par value $0.01 per share

Item 2(e)         CUSIP Number:

                           499184109

Item 3.           If this statement is filed pursuant to Rule 13d-1(b) or
                  13d-2(b) or (c), check whether the person filing is a:

     (a)  |_| Broker or dealer registered under Section 15 of the Act.

     (b)  |_| Bank as defined in Section 3(a)(6) of the Act.

     (c)  |_| Insurance company as defined in Section 3(a)(19) of the Act.

     (d)  |_| Investment  company  registered  under Section 8 of the Investment
          Company Act of 1940.

     (e)  |_| An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  |_| An employee benefit plan or endowment fund in accordance with Rule
          13d-1(b)(1)(ii)(F);

     (g)  |_| A parent holding company or control person in accordance with Rule
          13d-1(b)(1)(ii)(G);

     (h)  |_| A savings  association  as defined in Section  3(b) of the Federal
          Deposit Insurance Act;

     (i)  |_|  A  church  plan  that  is  excluded  from  the  definition  of an
          investment  company under Section  3(c)(14) of the Investment  Company
          Act of 1940;

     (j)  |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).





CUSIP No. 499184109                                            Page 5 of 8 Pages

Item 4. Ownership.

     Provide  the  following  information  regarding  the  aggregate  number and
     percentage of the class of securities of the issuer identified in Item 1.

(a)  Amount beneficially owned:

     1,262,735 (1)

(b)  Percent of Class:

     5.4% (1)

(c)  Number of shares as to which such person has:

(i)  Sole power to vote or to direct the vote                                  0

(ii) Shared power to vote or to direct the vote                    1,262,735 (1)

(iii) Sole power to dispose or to direct the disposition                       0

(iv) Shared power to dispose or to direct the disposition of       1,262,735 (1)


Item 5. Ownership of Five Percent or Less of a Class.

     If this  statement  is being  filed to report  the fact that as of the date
     hereof the reporting  person has ceased to be the beneficial  owner of more
     than five percent of the class of securities, check the following. [ ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

     Except  as  otherwise   disclosed  in  periodic  public  filings  with  the
     Securities  and Exchange  Commission,  no other person is known to have the
     right to receive or the power to direct the receipt of dividends  from,  or
     the proceeds from the sale of, such securities.

Item 7.  Identification  and Classification of the Subsidiary Which Acquired the
     Security Being Reported on by the Parent Holding Company.

     America Online, Inc. - CO

Item 8. Identification and Classification of Members of the Group.

     Not Applicable.

Item 9. Notice of Dissolution of Group.

Not  Applicable.


(1)  Calculated pursuant to Rule 13d-3(d). The percentage is based on the number
     of  shares  of  common  stock of The Knot,  Inc.  ("Knot")  outstanding  on
     November 4, 2005, as reported in Knot's  Quarterly  Report on Form 10-Q for
     the quarter ended September 30, 2005. The 1,262,735 shares includes 799,900
     shares of common stock and 462,835 shares of common stock issuable upon the
     exercise of a warrant.





CUSIP No. 499184109                                            Page 6 of 8 Pages

Item 10. Certifications.

     By signing  below I certify  that,  to the best of my knowledge and belief,
     the securities referred to above were not acquired and are not held for the
     purpose of or with the effect of changing or influencing the control of the
     issuer  of the  securities  and  were  not  acquired  and are  not  held in
     connection with or as a participant in any transaction  having that purpose
     or effect.





CUSIP No. 499184109                                            Page 7 of 8 Pages



                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

Date:  February 13, 2006


                                        Time Warner Inc.



                                        By:/s/ Wayne H. Pace
                                        ---------------------------------------
                                                (Signature)

                                        Wayne H. Pace
                                        Executive Vice President and
                                        Chief Financial Officer
                                        ----------------------------------------
                                                (Name/Title)



                                        America Online, Inc.



                                        By:/s/ Thomas R. Colan
                                        ----------------------------------------
                                                (Signature)

                                        Thomas R. Colan
                                        Senior Vice President, Controller and
                                        Treasurer
                                        ----------------------------------------
                                                (Name/Title)






CUSIP No. 499184109                                            Page 8 of 8 Pages


                                                                   EXHIBIT NO. 1

                             JOINT FILING AGREEMENT


     Time Warner  Inc.,  a Delaware  corporation,  and America  Online,  Inc., a
Delaware corporation, each hereby agrees, in accordance with Rule 13d-1(k) under
the Securities  Exchange Act of 1934, that the Schedule 13G filed herewith,  and
any amendments thereto, relating to the shares of common stock, par value $0.01,
of The Knot,  Inc. is, and will be,  jointly filed on behalf of each such person
and further agree that this Joint Filing  Agreement be included as an Exhibit to
such joint filings.  In evidence  thereof,  the undersigned  hereby execute this
Agreement as of the date set forth below.

Dated:  February 13, 2006



                                      TIME WARNER INC.



                                      By:/s/ Wayne H. Pace
                                      -----------------------------------
                                      Name:    Wayne H. Pace
                                      Title:   Executive Vice President and
                                      Chief Financial Officer



                                      AMERICA ONLINE, INC.



                                      By:/s/ Thomas R. Colan
                                      -----------------------------------
                                      Name:    Thomas R. Colan
                                      Title:   Senior Vice President, Controller
                                      and Treasurer