Walter Cronkite, "The Most Trusted Man in America," Ill

Legendary journalist and former CBS Evening News anchor Walter Cronkite is reported to be very ill. The 92-year-old turned the CBS nightly news into one of the most respected news shows in the country. He was known for ending each broadcast with his signature phrase, "And that's the way it is."

Over the course of his career, Cronkite covered events ranging from the assassinations of President John F. Kennedy and civil rights leader Martin Luther King Jr. to man's first steps on the moon.

Watch a brief clip of Cronkite discussing his experience covering the first lunar landing:

[Associated Press via Yahoo! News]

bxAv110 bxAv110 bxAv110

Film News: MLK Movie Generates Family Controversy

Fresh off yesterday's announcement of a Martin Luther King Jr. biopic helmed by Steven Spielberg, two of the civil rights leader's children are threatening legal action over the project.

Bernice King and Martin Luther King III are in the midst of a legal dispute with their brother Dexter King over the rights to the personal papers of their late mother, Coretta Scott King, and are also disputing the film project focused on their father. Dexter King is the chairman-CEO of the King Estate.

Variety reports that DreamWorks insiders do not feel that the family dispute will affect the project.

Dexter King has released a statement saying, "The King Estate is committed to working very closely with DreamWorks (and producers) Suzanne de Passe and Madison Jones . . . For over 15 years, I have had the honor of being chief executive of the King Estate Corp. and am charged with the duties of managing my father's name, image, likeness, recorded voice, copyrighted works and rights of publicity." [Variety]

bxAv110 bxAv110 bxAv110

Film News: Spielberg Produces MLK Biopic

Legendary director and filmmaker Steven Spielberg will produce a big screen biopic on the life of civil rights leader Martin Luther King Jr. for DreamWorks. This will be the first film authorized by King's estate and DreamWorks has been granted rights to use King's copyrighted speeches (including the famous "I Have a Dream" speech), books and other intellectual property.

King, who became the youngest person to receive the Nobel Peace Prize for his civil rights work in the US, was assassinated in 1968 at the age of 39. [Variety]

bxAv110 bxAv110 bxAv110