Disney character half the time in a new bib (5)
I believe the answer is:
bambi
'disney character' is the definition.
(I've seen this before)
'time in a new bib' is the wordplay.
'time' becomes 'am'.
'in' is an insertion indicator.
'a new' is an anagram indicator.
'bib' with letters rearranged gives 'bbi'.
'am' inserted into 'bbi' is 'BAMBI'.
'half the' acts as a link.
This may not be correct. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Other definitions for bambi that I've seen before include "film star" , "Animated creature" , "D [Disney] made it" , "Disney character" , "Walt Disney's young fawn" .)