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Anchors in The Media covers Net problem (8)

Ross

I believe the answer is:

presents

I'm a little stuck... Click here to teach me more about this clue!

'anchors' is the definition.
Although both the answer and definition are verbs in their -s form, I don't understand how they can define each other.

'media covers net problem' is the wordplay.
'media' becomes 'press' (I've seen this before**).
'covers' means one lot of letters goes inside another.
'problem' indicates an anagram.
'net' anagrammed gives 'ent'.
'press' going around 'ent' is 'PRESENTS'.

'in the' is the link.

Can you help me to learn more?

(Other definitions for presents that I've seen before include "Awards formally" , "Introduces" , "special things at Christmas?" , "Hands over formally" , "Press ten (anag.)" .)

I've seen this clue in the Irish Times (Crosaire) and the Irish Times.
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