Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth ambitions. “Our increased scale will enable us to generate substantial synergies, particularly across our cost base,” he said. Cost baseTogether, the combined group has more than 40 million subscribers and operates in more than 70 countries. Canal+ estimates the combined group’s 2025 cost base at around €8-billion, split between content costs of about €4.6-billion and technology and other costs of roughly €3.4-billion. To support delivery of the synergies, Canal+ has centralised key group functions, including sports and entertainment content acquisition, technology, and procurement.