Squeeze applied to newspapers? (5)

I believe the answer is:

press

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'to newspapers?' is the definition.
(the press is the newspaper industry)

I don't understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for press that I've seen before include "Reporters" , "Fourth estate" , "Apply steady force to (something)" , "Squeeze out (juice/oil)" , "Put creases in" .)

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