Project Runway will be back on the air this summer on the Lifetime cable network now that a protracted legal dispute has been settled, it was announced on Wednesday. The show's producer, the Weinstein Company, will pay NBC Universal for the right to move Project Runway from its original home on Bravo to Lifetime. The network now has rights to air 10 seasons of Project Runway over five years, as well as its spinoffs Models of the Runway and Project Pygmalion, a new makeover series. Bravo meanwhile has scheduled its Runway lookalike The Fashion Show to premiere May 7. (Photo: WENN)

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