Broadcaster admitting joke is courageous (6)
I believe the answer is:
spunky
'courageous' is the definition.
(similar in meaning)
'broadcaster admitting joke' is the wordplay.
'broadcaster' becomes 'sky' (Sky is a television company).
'admitting' is an insertion indicator.
'joke' becomes 'pun' (pun is a type of joke).
'sky' enclosing 'pun' is 'SPUNKY'.
'is' is the link.
(Another definition for spunky that I've seen is " Courageous, determined".)
I've seen this clue in The Times.
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