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LOS ANGELES - AEG and American Express (NYSE:AXP), a prominent player in the Consumer Finance industry with a market capitalization of over $206 billion, have renewed and expanded their global partnership that spans more than two decades, according to a statement released Thursday.
The multiyear agreement designates American Express as AEG’s official payment partner across more than 40 marquee properties on four continents, making it AEG’s largest annual partnership. The collaboration extends across five key verticals: venues, festivals, touring, ticketing, and sports. According to InvestingPro data, American Express has demonstrated strong business momentum with a 9.17% revenue growth in the last twelve months, supporting its expansion strategy.
The partnership will provide American Express Card Members with access to events across the U.S., U.K., Japan, Australia, and Canada, including festivals such as Coachella Valley Music and Arts Festival, Stagecoach, American Express Presents BST Hyde Park, and All Points East. This strategic move aligns with the company’s strong market position, reflected in its impressive 30.57% total return over the past year. InvestingPro subscribers can access 10+ additional investment insights about American Express, including detailed analysis of its growth potential and market positioning.
The American Express Venue Collection will continue to offer Card Member benefits at AEG venues including Crypto.com Arena, Dignity Health Sports Park, and The O2. American Express will maintain its status as a Founding Partner at these properties plus Uber Arena in Berlin.
The agreement also includes continued partnerships with AEG sports teams LA Galaxy (Major League Soccer) and LA Kings (National Hockey League), while expanding capabilities within AXS, AEG’s global ticketing platform.
"AEG has been one of our most trusted and strategic partners," said Elizabeth Rutledge, Chief Marketing Officer at American Express. "This is a partnership that delivers special access to some of the most unforgettable moments in live entertainment." The company’s solid financial foundation, with a healthy current ratio of 1.6 and consistent dividend payments maintained for 55 consecutive years, supports its ability to maintain and expand such strategic partnerships.
Todd Goldstein, Chief Revenue Officer at AEG, called it "a defining partnership for AEG—one that continues to push the boundaries of what’s possible across live entertainment and fan engagement."
The collaboration, which began in 2005 as a regionally focused partnership centered on venue access and ticket presales, has evolved to include exclusive merchandise, dedicated venue entrances, branded lounges, and premium ticketing experiences at select locations.
In other recent news, American Express reported strong second-quarter earnings for 2025, with earnings per share (EPS) of $4.08, surpassing analyst forecasts of $3.87. The company’s revenue also exceeded expectations, reaching $17.86 billion compared to the anticipated $17.7 billion. Truist Securities responded to these results by raising its price target for American Express to $348, while maintaining a Buy rating. UBS maintained a Neutral rating with a $340 price target, noting the positive earnings surprise. Monness, Crespi, Hardt also held a Neutral rating, citing concerns about slowing travel spending despite solid quarterly results. Additionally, American Express reiterated its full-year 2025 EPS guidance of $15.00-$15.50. In governance updates, the company announced the election of Randal K. Quarles and Noel Wallace to its Board of Directors, expanding the board to 14 members. These developments reflect the company’s ongoing strategic and financial efforts.
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