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A combination of the words 'comedy' and 'mediocrity'.

A word describing the growing tendency for industries and individuals to reproduce acts and works of comedy whose content consists exclusively of commonly known stereotypes and trends (generally in an effort to cater to as broad an audience as possible).
"This comedy is really mediocre and unimaginative, but I see that over a million people have watched this and over 90 000 have liked it. One more win for comediocrity."
by Sir-Ex March 12, 2012
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