Looking on the internet deeply has found these results:

laughter of audience is the most popular phrase on the web.

laughter by audience 1623 results on the web	laughter of audience 130,300 results on the web More popular!
Some examples and use cases from the internet:	Some examples and use cases from the internet:
(audience laughter) IT'S MY LAST CHANCE WITH THE BBC. I CAN'T THROW ITAWA Y. [Chatter and laughter from the audience] (Faith) You have got to return to your podium. (nervous laughter) (audience exclaiming, booing) (audience laughter) IT'S THE FIRST TIME THESE TWO HAVE MET SO THERE SHOULD BE SOME REAL ACTION TONIGHT. I would have to interject to say would not be helpful to you, but to somebody else. (audience laughter) (audience laughter)	(audience laughter) (Faith) You have got to return to your podium. I would have to interject to say would not be helpful to you, but to somebody else. (audience laughter) IT'S MY LAST CHANCE WITH THE BBC. I CAN'T THROW ITAWA Y. (audience laughter) IT'S THE FIRST TIME THESE TWO HAVE MET SO THERE SHOULD BE SOME REAL ACTION TONIGHT. (nervous laughter) (audience exclaiming, booing) [Chatter and laughter from the audience] (audience laughter)

laughter by audience

1623 results on the web

laughter of audience

130,300 results on the web

More popular!

(audience laughter) IT'S MY LAST CHANCE WITH THE BBC. I CAN'T THROW ITAWA Y.
[Chatter and laughter from the audience]
(Faith) You have got to return to your podium.
(nervous laughter) (audience exclaiming, booing)
(audience laughter) IT'S THE FIRST TIME THESE TWO HAVE MET SO THERE SHOULD BE SOME REAL ACTION TONIGHT.
I would have to interject to say would not be helpful to you, but to somebody else.
(audience laughter)
(audience laughter)

(audience laughter)
(Faith) You have got to return to your podium.
I would have to interject to say would not be helpful to you, but to somebody else.
(audience laughter) IT'S MY LAST CHANCE WITH THE BBC. I CAN'T THROW ITAWA Y.
(audience laughter) IT'S THE FIRST TIME THESE TWO HAVE MET SO THERE SHOULD BE SOME REAL ACTION TONIGHT.
(nervous laughter) (audience exclaiming, booing)
[Chatter and laughter from the audience]
(audience laughter)