Crossword Genius

Top show cut before delayed broadcast (9)

Ross

I believe the answer is:

circulate

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'broadcast' is the definition.
(synonyms)

'top show cut before delayed' is the wordplay.
I cannot quite understand how this works, but
'delayed' could be 'late' (running late) and 'late' is found within the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for circulate that I've seen before include "Move around (at a party)" , "Pass around" , "broadcast" , "Make to go round, in a curve perhaps" , "Spread - rotate" .)

I've seen this clue in The Independent.
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