What does the cryptic crossword clue "Magazines etc. investing in relaunch of Time without delay (9)" mean?

The definition is "delay". The wordplay uses an anagram. anagram of MEDIA (synonym="‘magazines etc’") + TIME (synonym="TIME") = IMMEDIATE; definition: "without delay" The answer is IMMEDIATE.

Magazines etc. investing in relaunch of Time without delay (9)

Independent Cryptic #11789 | 15 Down | 2024-07-23 flower

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