AOL has teamed up with Bravo to present the first episode of Ben Stiller and Matt Damon’s reality show Project Greenlight online. The first episode of season 3 premiered last night on Bravo and it can now be streamed via AOL’s TV website. If you haven’t seen Project Greenlight before, what they do is pick a script and a director from thousands of independent submissions and then give them money to make their movie. The reality series then documents the entire production of it. The first two seasons were cool but the winning movies were somewhat dull and not very successful. This time around they are working with Dimension Films and Wes Craven to make a genre film (read: horror film) which should be a little more interesting. For more info, check out the Project Greenlight official site at www.projectgreenlight.com. (Don’t visit the site if you don’t want to know what movie was picked before you watch the first episode.)