<p>Media start-up Semafor reached profitability in 2025 with revenue of $40m, in the third full year after its October 2022 launch.</p><br><p>Co-founder and editor-in-chief Ben Smith joined Press Gazette’s UK editor Charlotte Tobitt in London to discuss how the business became an overnight success in a difficult climate for media overall.</p><br><p>Smith discussed Semafor’s expansion plans, why its initial bet on video didn’t work out, why it still doesn’t have a paywall, and shared his advice for other media business founders.</p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>