Todd Fisher

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Todd Emmanuel Fisher (born February 24, 1958) is an American filmmaker, cinematographer, engineer, and actor of television films and documentaries.

Fisher is the son of late actor Eddie Fisher and actress Debbie Reynolds, as well as her brother. He has a background in architectural drafting and sound engineering, as well as experience with the design and construction of sound stages, recording studios, and television installations.

Fisher is also a business executive, the former CEO, president, CFO, and treasurer of the Debbie Reynolds Hotel & Casino (DRHC), Debbie Reynolds Management Company, Inc., and Debbie Reynolds Resorts, Inc.

He is the CEO and curator of the Hollywood Motion Picture Museum, which is on display at Debbie Reynolds Studios (DR Studios) in North Hollywood and at his ranch, as of 2013.

Early and personal life

Fisher was born in Burbank, California, on February 24, 1958, to actors Eddie Fisher and Debbie Reynolds. Fisher's paternal grandparents were Russian-Jewish refugees, while his mother's roots were Protestant, Scotish, and English. Fisher, who was named after his father's best friend, Mike Todd, was the second of two children born to his parents. He is Carrie Fisher's younger brother (1956-2016).

In 1959, his parents divorced. Joely Fisher and Tricia Leigh Fisher's two half-sisters were born after a later marriage between his father and actress Connie Stevens resulted in the births of Fisher's two half-sisters, Joely Fisher and Tricia Leigh Fisher. Harry Karl, a shoe store chain owner, married his mother in 1960. When Fisher was 15 years old, his mother and stepfather divorced in 1973.

Fisher attended Beverly Hills High School, graduating in 1976. He attended the Southern California Institute of Architecture in Los Angeles after high school graduation.

Fisher became a born-again Christian in 1980 and was then ordained as a minister in 1982. He founded Hiding Place Church with musician Henry Cutrona of Christian country rock band Gentle Faith following his ordination. The church was founded in North Hollywood at his mother's DR Studios, a non-denominational, charismatic congregation. The church was relocated to Beverly Hills' Beverly Theater after outgrowing its space. The church had relocating from Westwood, California, with an average Sunday attendance of 1,000.

Fisher married Donna Freberg, Stan Freberg's daughter, on February 15, 1981. Fisher married Christi Zabel after the couple's divorce. Fisher became Vanessa, James, and Brandon, Rivers' children from her marriage to singer Johnny Rivers. In 2008, Zabel died of cancer. Catherine Hickland, a British actress, was married by Fisher on December 22, 2012. The couple also have a Las Vegas home and a California ranch.

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Career

Fisher's involvement in the entertainment industry began as an infant, with his appearance in documentaries and short films about his mother. Fisher began to be concerned with filmmaking's technical aspects and concentrated his efforts on shooting commercials, short films, and documentaries. He was one of the earliest members of the International Association of Stage Employees (IATSE) labor union. His professional scientific and creative work in industrial engineering and creativity started in the 1980s as an adult. Fisher is a member of the American Society of Cinematographers.

Fisher spent time with Trinity Broadcasting Network in the early 1980s, where he wrote, produced, and directed the comedy television show Nightlight, starring satirical television evangelist Reverend Hype. The show was based on the NBC show Saturday Night Live and starred actors and comedians such as Dan Aykroyd, Jerry Houser, Miguel Ferrer, Rene Russo, and Bernie Leadon.

He made his first feature film, Twogether, starring Nick Cassave and Brenda Bakke in 1991.

Fisher's mother began curating a substantial collection of Hollywood memorabilia in 1970, starting with items from the Metro-Goldwyn-Mayer auction that same year. She spent $180,000, which accounted for the acquisition of thousands of items, at the beginning of her movie memorabilia ownership. She founded the Hollywood Motion Picture Museum (HMPM) in 1972 as a federally tax-exempt charity. The museum has been named as the world's biggest individual collection of Hollywood memorabilia.

Reynolds and her husband Richard Hamlett purchased the Paddlewheel Hotel & Casino on the Las Vegas Strip in 1992 for $2.2 million at auction. The acquisition was made in anticipation of spending $15 million on renovations, which included plans for a home for the Hollywood Motion Picture Museum. The Paddlewheel Hotel & Casino was reopened in 1993 and renamed The Debbie Reynolds Hotel & Casino. Fisher created the hotel and casino's 500-seat showroom, where Reynolds performed her nightclub act and songs from her nearly 50 years in the entertainment industry. The showroom also doubles as a complete television production studio. Fisher also created and constructed the Hollywood Motion Picture Museum in addition to the showroom. When Reynolds struggled with the funds to complete the project, she decided to open the company in order to raise funds. When the museum opened its doors in the following year, it was one of the first museums in the United States to have high-definition video projection.

Fisher was named chief financial officer and treasurer of the Debbie Reynolds Hotel & Casino in March 1994, replacing his mother, who served as chairman and treasurer with both having seats on the board of directors. Due to the hotel's poor capital structure and a non-permanent lease with the casino operator, it became clear that the casino and casino were losing money each month. Debbie eventually obtained a $10 million verdict against her estranged husband Richard Hamlett in part for prompt financial dealings with the hotel and her personal life. Carrie Fisher, director George Lucas, Shirley MacLaine, and Elizabeth Taylor have all been added to the board members of the Hollywood Museum.

Fisher began reorganizing the company in order to combat financial mismanagement, decreased employee morale, and poor customer service and quality throughout the hotel, casino, and restaurant. Jackpot Enterprises leased space with the company to run the casino in the hotel prior to March 31, 1996. The corporation gave notice in February 1996 that it intends to end the lease agreement with Jackpot in accordance with the terms, owing to a monthly loss of revenue on a regular basis. As of March 31, 1996, gambling operations had been suspended. The corporation was in default by December 31, 1996, and was unable to make principal and interest payments on its mortgage. Payroll taxes of about $1,063,000, as well as other accounts payable and accrued debt of approximately $3,643,000, were also in default.

Fisher began looking for ways to sell the property to timeshare developer ILX (now known as Diamond Resorts International) for $16.8 million in 1997. Debbie Reynolds Hotel & Casino filed Chapter 11 bankruptcy as part of a restructuring effort after the transaction fell through. The company has entered into a $22.5 million joint venture with CFI (Central Florida Investments), also known as Westgate Resorts, which would have saved the hotel and the public company. The unsecured creditors did not accept the agreement and decided to auction the house in the hopes of a better deal. The property was auctioned the following year, with the winning bid valuing the World Wrestling Federation at $10.65 million.

Reynolds and Fisher were planning to relocate the Hollywood Motion Picture Museum in Los Angeles, which was scheduled to open in 2004. The museum was unable to complete construction on the building when the Los Angeles museum's lender could no longer fund the program. They could not afford a $1.6 million bridge loan, which later became the focus of a lawsuit brought against the museum by Gregory Orman.

Although the litigation between the museum and Orman dragged on in the courts, the museum has signed a deal to promote the newly opened Belle Island Village tourist attraction, which was supposed to open in fall 2008 in Pigeon Forge, Tennessee. Regions Bank foreclosed on the unfinished property as the resort's developer faced financial difficulties of their own. In reaction, the museum itself requested Chapter 11 insurance in June 2009. The bank agreed to sell the resort property to Tennessee Investment Partners, which is part owned by Matisse Capital, the original developer of the proposed Belle Island Village. The acquisition was expected to end by the end of March 2010, with promises that the buyer intended to restore the Hollywood Motion Picture Museum as the main attraction of the new resort. In addition, the agreement called for settlements for the new investor to compensate the suit and financial statement made by Orman. Reynolds and Fisher began planning to liquidate the memorabilia collection when the estate's sale to Tennessee Investment Partners and subsequent plans to relocate the museum to Tennessee fell through.

Reynolds and Fisher contracted Profiles in History in 2011 to begin auctioning Hollywood memorabilia until sufficient funds were raised to pay off their creditors. Fisher said in remarks made to the press that his mother was "heartbroken" to have to sell off her collection, which was worth $10.79 million at the bankruptcy filing. The collection was sold in a series of auctions from June to December 2011.

Marilyn Monroe's "subway dress" in The Seven Year Itch's updraft of a passing subway train sold for $4.6 million, much more than pre-auction estimates of $1–2 million. Another Monroe dress, this time in Gentlemen Prefer Blondes, cost $1.2 million; it had been estimated to go from $200,000 to $300,000. Judy Garland's blue cotton dress she used in test shots for The Wizard of Oz went for $910,000, ranging from $60,000 to $80,000. The auction raised $22.8 million in total.

A still-working Panavision PSR 35 mm camera used to film Star Wars went for $520,000 in the second auction, smashing records for Star Wars memorabilia and vintage cameras.

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