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January 12, 2007

Ups and Downs for Nikon

It's been a mixed week for Nikon with an award honoring one of their periodicals, and some cost-cutting on corporate sponsorships.

First up, our colleagues at Letsgodigital.org report that Nikon Pro magazine has won the prestigious International Publication of the Year award by the Association of Publishing Agencies for a third straight year.

The judges were impressed by the "great balance between beautiful representation of photography as an art, combined with product information."

On the flip side of the ledger, Nikon has withdrawn from a second, highly visible grant sponsorship. In the first quarter of the year, the National Association of Press Photographers (NPPA) Sabbatical Grant usually awards USD15000 in stipend money to a deserving documentary photojournalism project. But Nikon declined to provide sponsorship this year, marking the second highly visible withdrawal from photojournalism award programs. The USD30000 W. Eugene Smith Grant was last sponsored by Nikon in 2006 but the program has indicated they will be seeking new patrons in 2007.

Posted by covey22 at January 12, 2007 4:07 AM