* Montreal-based Cogeco Inc. is cutting 240 jobs. Cogeco Cable is hardest hit, losing 100 full-time equivalent positions by November 30. Total restructuring costs are anticipated to be $6.6 million, $2.7 of which will be incurred at Cogeco Cable.

* Vancouver-based Canbras Communications has started the operations build of its Brazilian cable tv subsidiary, Canbras TVA. Bell Canada International is an investor in the project.

* Astral Communications has reported a 12.2% increase in overall revenues for the nine months ending May 31, 1995. The company also reports a moderate increase in cash flow from operations for that period, despite a decrease in net earnings.

Revenues increased to $299.2 million, compared with $266.7 million for the same period last year. Astral attributes the increase to a strong performance in the video duplication division as well as the new operations: AstralTech Americas, the cd replication plant, Moviepix, the pay-tv service, and CANAL D, the French-language doc and entertainment channel.

Net earnings are down 16.9% (from $5.9 million to $4.9 million). Accounting guidelines did not allow tax benefits from losses incurred at AstralTech, resulting in an increase of the company’s tax rate.

* Statistics Canada reports box office figures for 1993-94 with revenues at $196.4 million, delivering a 15% increase over the previous year. Home video sales dropped by 9% with revenues tallied at $121.5 million in 1993-94. The increase in box office was the first reported since 1989-90.