Tragedy returning to celebrity magazine (7)
I believe the answer is:
othello
'tragedy' is the definition.
(I've seen this before)
'returning to celebrity magazine' is the wordplay.
'returning' is a reversal indicator.
'celebrity magazine' becomes 'hello' (Hello is a celebrity magazine).
'to' reversed gives 'ot'.
'ot'+'hello'='OTHELLO'
(Other definitions for othello that I've seen before include "Shakespearean role" , "product of 12 [SHAKESPEARE] , inspiring 6 [VERDI]" , "Shakespeare tragedy" , "board game" , "Shakespearean hero" .)