Its editorial line was liberal and democratic. It had a comparatively well-developed network of foreign correspondents and extensive analysis of European affairs, making it popular amongst Russian émigrés, and thus the Russian newspaper with the largest circulation outside the USSR in the 1930s.
The newspaper was shut down by the Soviet authorities following the occupation and annexation of Latvia by the USSR in 1940. Due to the paper's editorial line critical of Soviet communism, a number of the persons connected with Segodnya were singled out for persecution by the NKVD.
Abyzov, Iu. (ed.), Gazeta "Segodnia", 1919–1940: rospis'. Riga: Latviiskaia natsional'naia biblioteka, 2001. 2 v. ISBN 9984607348 (ch. 1) ISBN 9789984607344 (ch. 1) ISBN 9984607364 (ch. 2) ISBN 9789984607368 (ch. 2)
Равдин Б., Флейшман Л., Абызов Ю. «Русская печать в Риге: из истории газеты „Сегодня“ 1930-х годов», Stanford 1997