Right editor on very good paper (3-3)
I believe the answer is:
red-top
'paper' is the definition.
(I know that red top is a type of paper)
'right editor on very good' is the wordplay.
'right' becomes 'r' (common abbreviation).
'editor' becomes 'ed' (abbreviation).
'on very good' becomes 'top' (I am not sure about this - if you are sure you should believe this answer much more).
'r'+'ed'+'top'='RED-TOP'
Can you help me to learn more?
(Another definition for red-top that I've seen is " Tabloid newspaper".)