Funnyman Marlon Wayans is developing a new website which will give undiscovered African-Americans and Latinos the chance to show off their comedy skills. is a project the actor is launching with co-founder Randy Adams, and he tells The Hollywood Reporter it will become "the In Living Color of the web," referring to his own hit sketch show, which launched the careers of Jamie Foxx and Jim Carrey.

Wayans adds, "(It's a) playground for my family and for all comedians who have something funny they want to do. Eventually, (this) will be the new network everyone watches."

The new site will launch later this year (13).