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"ComicWonder, the user-generated audio jokes site we profiled in December, has raised $750,000 in funding.  The financing round was lead by Phenomenelle Angel Fund, with participation from Wisconsin Investment Partners and Women Angels.  \nAs described previously, the site basically applies the YouTube model to audio jokes \u2013 allowing users to rate them, favorite them, browse them, or embed them on other web pages.  An interesting twist we\u2019ve learned about along with the company\u2019s funding news is the business model ComicWonder will be pursuing: in addition to standard web site advertising, the company will be partnering with radio stations to both help find users and generate revenue. In exchange for promoting ComicWonder and their \u201CComic Wonder of the Year\u201D contest, local radio stations (one per market) receive \u201Cjoke of the day\u201D content for their web sites and on-air shows, which can in turn be monetized through advertising.  \nThe business model makes a lot of sense, given the need for Comic Wonder to attract joke-tellers and the need for radio stations to bring in more ad sales, as revenue slipped more than 10 percent last year according to some estimates.  The prospect of having jokes syndicated on radio stations nationwide should also be appealing to comedians, versus simply uploading a video performance to YouTube.\nAs for the winner of the gold-embroidered t-shirt for ComicWonder\u2019s inaugural contest, a joke from \"captainhilariousness\" is embedded below:\n\n\n\n\n\n\n\n"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2008/02/12/comicwonder-funding/>