Crossword Genius

Papers, one of them missing formerly (5)

Ross

I believe the answer is:

press

'papers' is the definition.
(the newspaper industry)

I cannot understand how the rest of the clue works.

(Other definitions for press that I've seen before include "Smooth" , "Newspaper industry" , "Produce record" , "Push - papers" , "rags together" .)

I've seen this clue in The Times.
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