60 Minutes might take him if they aren't too worried about their "old people's show" image.
Mike actually brought something to the table and attracted viewers. Many will recall that Walter Cronkite was forced off the CBS Evening News in 1981, the company cited their “mandatory” retirement age of 65. At the time, Mike Wallace was already 62 and there was no mention of a similar policy for him. The reason? 60 Minutes was the network’s top show and a huge revenue generator, and Wallace was a part of that success. He remained with the show for another 26 years, until retiring at the age of 88.
In reality, the reason for Cronkite’s exit was to give the anchor job to Dan Rather, who was threatening to bolt to ABC if CBS didn’t meet his demands. Given the fact that Rather led the Evening News into last place (where it remains today), it makes you wonder about the intelligence level of network executives. Cronkite hated Rather with a passion, but he was bought off with a $1 million annual pension and a seat on the CBS board. When Rather was canned for the “Memogate” fraud, Cronkite stopped by the office of then-CBS President Les Moonves, to congratulate him on making the right decision...
Chris has been a failure throughout his broadcast career. In the early 80s, NBC tried to re-tool the “Today” show around Wallace, Jane Pauley and Bryant Gumbel. Wallace was a horrible fit and lasted only a year. He then migrated to ABC where he was a reporter for various news magazines and fill-in anchor on Nightline. ABC made no effort to keept him when he migrated to FNC to host the Sunday show, which remained in last place throughout his tenure.
Must be nice to have a family name that allows you to fail at such a high level (and highly compensated level) for that long.