There were fears for the future of the comedy industry today as the price of laughs fell once again to an all time low in early trading. A barrel of laughs now stands at $20 per barrel down from $105 in January.
Some analysts are blaming the slump on a glut of jokeworthy news stories in recent months which has led to a surplus of laughs, with many amateur and semi-professional comedians increasing production dramatically.
Hopes had been raised earlier in the year that with the cancellation of Last of The Summer Wine and Jonathan Ross the cheapness of laughs had reached bottom. However, the new series of My Family has since depressed both the price of laughs and most viewers, and the BBC has made matters worse by announcing that it will be taking advantage of the cheap laughs to commission new series of Two Pints of Lager and a Packet of Crisps.