Harvey Weinstein reveals naked truth of 'Project Runway' settlement

By Eriq Gardner

So this is how high-profile legal spats get resolved. "Project Runway" producer Harvey Weinstein went on Ryan Seacrest's radio show and said the "Runway" settlement was put together with the help of, um, naked arm wrestling?...

Ryan Seacrest: So how did this get resolved? The backstory is NBC was upset last April when it found out that the Weinstein Company had accepted a deal with Lifetime, it says here. Then NBC execs believe they were still in negotiations to keep the show, which launched on Bravo. Then all of a sudden, it was resolved and then you were complimenting (NBC Universal CEO) Jeff Zucker in the press. 

Harvey Weinstein: Well, I will tell you the truth, and not many people know this, but this is a bombshell. We couldn't figure out a way to solve this with, you know, all these high-priced lawyers. We had David Boies and Bert Fields, these guys had Orin Snyder. These guys charge millions of dollars. And then (NBC Entertainment co-chairman) Ben Silverman said, 'Why don't Harvey and I arm-wrestle this...naked...(laughing and cross-chatter)...And Jeff Zucker was there. And the Lifetime people were there. And it went back and forth, back and forth, and it became a tie. And as a result of that tie with Ben, Jeff Zucker said, 'Let's give Lifetime a show, and we'll take some money from Harvey, and here we go."

Listen to the audio clip!