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IATSE and Motion Picture Corporation of America (MPCA) sign first long-term agreement

Photo caption: IATSE unveiled the official website on the World Wide Web.

The IATSE and Motion Picture Corporation of America (MPCA) signed the first long-term, low-budget national agreement for theatrical film productions between $5 million and $7 million.   Prior to this agreement, low-budget theatrical projects were negotiated on a project-by-project basis.

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