Crossword Genius

Story just in Scandinavian folk literature initially remains alongside novel (9)

Ross

I believe the answer is:

newsflash

'story just in' is the definition.

'scandinavian folk literature initially remains alongside novel' is the wordplay.
'initially' says to take the initial letters.
'remains' becomes 'ash' (remains of a fire).
'alongside' is a charade indicator (letters next to each other).
'novel' becomes 'new' (synonyms).
The initial letters of 'scandinavian folk literature' is 'sfl'.
'sfl'+'ash'='sflash'
'sflash' put after 'new' is 'NEWSFLASH'.

(Other definitions for newsflash that I've seen before include "Brief report" , "Dramatic announcement" , "Bulletin" .)

I've seen this clue in The Guardian.
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