Young reporters covering large nightspots (5)
I believe the answer is:
clubs
'nightspots' is the definition.
(I know this)
'young reporters covering large' is the wordplay.
'young reporters' becomes 'cubs' (I've seen this in another clue).
'covering' means one lot of letters goes inside another.
'large' becomes 'L' (eg in clothes sizes).
'cubs' going around 'l' is 'CLUBS'.
(Other definitions for clubs that I've seen before include "playing cards" , "Societies" , "For game, you may need five" , "Orders" , "cabarets" .)