Report: News Legend Walter Cronkite Gravely Ill

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    NEWSLETTERS

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    Walter Cronkite, 92, an American journalism legend, is reportedly gravely ill.

    American journalism legend, Walter Cronkite, is nearing death and CBS News has been scrambling to update the 92-year-old's obituary, Mediabistro.com reported Thursday.

    The former anchor of "CBS Evening News" is gravely ill, according to TVNewser, a news blog on Mediabistro.com that cited several sources at CBS News. The Los Angeles Times reported that rumors surrounding Cronkite's health began swirling when CBS began calling other top TV anchors for quotes and comments on Cronkite's career.

    CBS News declined to comment on Cronkite's condition. He was once known as "Most Trusted Man in America" when he anchored the network's prime-time newscast for 19 years -- famously ending the broadcast with the sign-off of "and that's the way it is."

    His deep, gravelly voice and gravitas marked his career and helped the "Evening News" to top of the Nielsen ratings. He presided over CBS's coverage of notable news events including the assasinations of President John F. Kennedy and civil rights hero Martin Luther King Jr.

    He was forced to retire the seat in 1981 and Dan Rather was selected to replace him. He remained with CBS as a special correspondent and helped usher in Katie Couric's tenure as anchor in 2006.