Cryptic crossword clue
New release – diary that covers a bit more than the 365 days 8,4

The most common and most likely answer to this crossword clue is the 8 plus 4 letter word SIDEREAL YEAR

I've seen this crossword clue in Financial Times
S
I
D
E
R
E
A
L
Y
E
A
R

Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

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