Table of Contents October 2012

October 2012

Cover story

Commercial consideration

The candidates for governor tell how they plan to take care of business
By Ken Otterbourg

With Charlotte the site of a national political convention and this a battleground state in the hotly contested, divisive presidential race, it’s easy to overlook the other campaigns. For North Carolinians, the most important is the contest to choose a new governor. This might not feel like a watershed election, but it is, and here’s why. In the first place, it’s the first time since voters in 1977 allowed governors to seek a second term that an eligible sitting one hasn’t run for (and won) re-election. Second, this is the first election since 1988 in which there’s no chance the winner will come from eastern North Carolina — demographics finally have caught up with politics. And most important, this is the first chance for voters to pick the state’s leader since the recession reordered its economy.



The business side of the Charlotte Bobcats gets a bounce from a season so lousy it set an NBA record.
By Spencer Campbell
The Charlotte Bobcats’ new coach is a no-name, a former assistant at St. John’s University in Queens, N.Y., touted for — if anything — his knack for developing talent. He’s wasting little time before burnishing that reputation. “Look at him,” Kyle Pagani says as silver-haired Mike Dunlap, eight days into the job, explains the finer points of free-throw shooting to 6-foot-9 Bismack Biyombo on a practice court at Time Warner Cable Arena. “He’s already working with the players.” Robert Shavitz agrees. “Yes! That’s what we needed.” Pagani and Shavitz had driven from Greensboro to attend a party celebrating the National Basketball Association draft, which begins in a few hours, and joined the crowd along a glass partition looking into the practice court, straining to get a glimpse of a future that, if not promising, at least promises to be different.

Rapid-fire growth

Locked and loaded, Epic Games blasts its way up this year's ranking of private companies.
By Erin Dunn
The deathwatch started in May. Providence, R.I.-based 38 Studios LLC, a video-game maker started by former Boston Red Sox pitching ace Curt Schilling, was suffocating under an overly ambitious concept for a game and unbridled spending. It was about to default on a $75 million loan from the state of Rhode Island, and though the governor said he was fighting to keep the company alive, its nearly 400 employees, many of whom hadn’t been paid in weeks, would be out of a job within a month. Facing an uncertain future, workers at its subsidiary in Baltimore, Big Huge Games Inc., hatched a plan to create a new, independent studio. They approached Epic Games Inc. about using one of its games to build a demo on, but the Cary-based company had another idea.

Photo Feature

Fair pay

Carolina Renaissance Festival proves the past makes for pretty good business in the present
By Edward Martin, Photography by Scott Stiles

It took London nearly a millennium and a half to reach 100,000 residents. That was sometime in the 1500s, toward the end of the Renaissance. Attendance at this year’s Carolina Renaissance Festival, held each fall near Charlotte, should hit that number halfway through its seven-weekend run, which starts this month and goes through mid-November. “Last year, we were just shy of 170,000, and that’s only about 70% of where we know we could be,” says Matt Siegel, the event’s marketing director. Credit a business plan that’s part-theater, part-history and part-country fair. Old Country, that is.


Up Front
The right man.

NC Trend
How the economy turns.

Free & Clear
The real score on the state's schools.

Capital Goods
New swing state is getting ads nauseum.

Regional Report
Eastern Triangle Triad Charlotte Western

Special Advertising Sections and Publications

Charlotte round table

Women in law


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