PROJECT RUNWAY TO RETURN

Finally, Project Runway will return!!!!

The Weinstein Company has agreed to pay Bravo and parent company NBC an undisclosed sum to move Project Runway to Lifetime.

The following statement was JUST released about the resolution:

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."

The show, which has already wrapped filming of its sixth season and will air this summer, had been in limbo after The Weinstein Co. -- producers of the Bravo hit -- signed a five-year deal with rival Lifetime last year.

Bravo owner, NBC Universal, filed a lawsuit Monday claiming that the Weinstein Co. breached the contract by not giving it the chance to match Lifetime's offer.

GV Says: I can't wait!!!!