The most common and most likely answer to this crossword clue is the 5 letter word REVUE
I've seen this crossword clue in Financial Times
R
E
V
U
E
More clues leading to the result REVUE
- Minister taking on Brussels after U-turn — it's a bit of theatre
- Show Minister getting one-third of Europe upset
- Show minister Uxbridge, where there’s a vacancy
- English very little used in French street entertainment
- Show over, 24 round the bend
- Continually holding light to elevate theatrical show
- Topical variety show? Critical appraisal heard
- Show to look back on, they say
- Show’s verbal critique
- Show envy oddly in French street
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.
What does REVUE mean?
REVUE noun- A form of theatrical entertainment in which recent events, popular fads, etc., are parodied. Any entertainment featuring skits, dances, and songs.