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Project Runaway Lawsuit Settled; Show Moving to Lifetime

projectrunway-040209The lawsuit that put the future of Project Runway in limbo has been settled.  The Weinstein Co. will pay NBC Universal to move Project Runway from Bravo to Lifetime, an outcome that “All of the parties are pleased with”, according to a statement that was released yesterday.

You can read the full statement after the jump.

NBC Universal, The Weinstein Company and Lifetime have resolved their disputes. The Weinstein Company will pay NBCU for the right to move Project Runway to Lifetime. All of the parties are pleased with the outcome. Harvey Weinstein added, “I want to personally congratulate Jeff Zucker and NBCU on their success in the litigation and thank Jeff for resolving this in a professional manner. We look forward to working together on our ongoing projects.”