Noticed this a few years ago too.

Expect there was too much traffic to the domain for the current owner to abandon.

The Wayback machine on it, through the decades, is fascinating if you're curious.

AOL was the Google of its day. It was the internet for most people. Even the strongest giants can fall. It gives me hope for a future where someone asks "Wow Google is still a thing?"

> It was the internet for most people.

It wasn't, though. It was the largest, but never majority (except that I think it peaked with an absolute majority of CDs pressed by AOL CDs, which was an achievement, I guess.)