Little story with new and better content (9)
I believe the answer is:
novelette
'little story' is the definition.
'novelette' can be an answer for 'story' (I've seen this before). I am not sure about the 'little' bit.
'new and better content' is the wordplay.
'new' becomes 'novel' (synonyms).
'and' is a charade indicator (letters next to each other).
'content' means to look at the middle letters.
The middle of 'better' is 'ette'.
'novel'+'ette'='NOVELETTE'
'with' acts as a link.
Can you help me to learn more?
(Other definitions for novelette that I've seen before include "Short and light tale" , "Short work of fiction" , "Short story" , "Short book of fiction" , "romance?" .)