Newspaper Industry
Let's Know Things
Colin Wright
4.8 • 593 Ratings
🗓️ 11 February 2020
⏱️ 36 minutes
🧾️ Download transcript
Summary
This week we talk about avvisi, local news, and vulture capitalists.
We also discuss Warren Buffett, dibao, and Deadspin.
This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe
Transcript
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| 0:00.0 | An Avizi was a handwritten letter, just words on a piece of paper, produced by special companies in early modern era Venice. |
| 0:23.9 | Aviso is an Italian word that roughly translates to something like notice or announcement or warning, |
| 0:30.0 | and a vizzi were letters delivered to a list of customers, |
| 0:33.7 | generally containing announcements or warnings or similar information of some kind. |
| 0:38.1 | So back when Venice was ruled by what amounted to merchant kings and merchant families, |
| 0:43.0 | and just after the apex of their height of power and influence, |
| 0:47.4 | from around 1500 until 1700 AD, |
| 0:51.4 | there were companies that collected information about war, politics, the dealings of leaders and |
| 0:56.4 | top merchants, and other aspects of what we might broadly consider to be current events at the time |
| 1:02.6 | in places connected to the Venetian economy. Avizi actually originated in the Roman Empire, |
| 1:08.2 | as public notices that were also called Acta Dierna, |
| 1:11.6 | which were carved into metal or stone, posted in plain view at set locations, so that normal |
| 1:17.5 | people would know what was expected of them, which wars were currently being fought, and other |
| 1:22.4 | things of that nature. Private Avizi also existed at that time, allowing higher-ups to essentially communicate amongst |
| 1:29.6 | themselves, staying informed at a level the normal person could not expect to access at that time. |
| 1:35.8 | And the later monetized Venetian model was an updated version of that, allowing not just governors |
| 1:42.3 | and generals to have that increased sprawling |
| 1:44.9 | situational awareness, but relatively normal merchants of all shapes and sizes as well. Similar notices |
| 1:51.6 | for society's upper classes existed in China during the late Han Dynasty, so the second and |
| 1:58.0 | third centuries AD, in the so-called debaou, which translates as |
| 2:02.9 | reports from the official residences, shared information about political happenings, |
| 2:08.0 | news about markets and warfare, and were limited to the political class, though there were |
... |
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