Musicians of Year featured in records (7)

I believe the answer is:

lyrists

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'musicians' is the definition.
Both the answer and definition are plural nouns.
Maybe they are linked in a way I don't understand?

'year featured in records' is the wordplay.
'year' becomes 'yr' (abbreviation).
'featured in' means one lot of letters goes inside another.
'records' becomes 'lists' (I've seen this before).
'yr' put inside 'lists' is 'LYRISTS'.

'of' acts as a link.

Can you help me to learn more?

I've seen this clue in The Hindu.

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