The spelling of the word "Venezio" can be explained using the International Phonetic Alphabet (IPA). The first letter, "V", is pronounced as /v/. The second letter, "e", is pronounced as /ɛ/. The third letter, "n", is pronounced as /n/. The fourth letter, "e", is pronounced as /ɛ/ again. The fifth letter, "z", is pronounced as /z/. The sixth letter, "i", is pronounced as /i/. The last letter, "o", is pronounced as /o/. Therefore, the correct pronunciation of "Venezio" is /vɛ'nɛzio/.