Embodiments of the present invention provide systems, methods, and computer storage media for segmenting a transcript into paragraphs. In an example embodiment, a transcript is segmented to start a new paragraph whenever there is a change in speaker and/or a long pause in speech. If any remaining paragraphs are longer than a designated length or duration (e.g., 50 or 100 words), each of those paragraphs is segmented using dynamic programming to minimize a cost function that penalizes candidate paragraphs based on divergence from a target paragraph length and/or that rewards candidate paragraphs that group semantically similar sentences. As such, the transcript is visualized, segmented at the identified paragraphs.