The most common and most likely answer to this crossword clue is the 10 letter word MELODRAMAS
I've seen this crossword clue in The Guardian
M
E
L
O
D
R
A
M
A
S
More clues leading to the result MELODRAMAS
Buddy explains!
The straight part
We know that "Plays sensationalised" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case plays sensationalised = melodramas.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.
What does MELODRAMAS mean?
MELODRAMAS noun- A kind of drama having a musical accompaniment to intensify the effect of certain scenes.
- A drama abounding in romantic sentiment and agonizing situations, with a musical accompaniment only in parts which are especially thrilling or pathetic. In opera, a passage in which the orchestra plays a somewhat descriptive accompaniment, while the actor speaks
- Any situation or action which is blown out of proportion.