Confidential informant releasing red-hot tape (4,6)
I believe the answer is:
deep throat
'confidential informant' is the definition.
'deep throat' can be an answer for 'informant' (I have seen 'Key informant' mean 'deep throat' so perhaps 'informant' could also mean 'deep throat'). I am not sure about the 'confidential' bit.
'releasing red-hot tape' is the wordplay.
'releasing' indicates anagramming the letters (letters released from their original order).
'red'+'hot'+'tape'='redhottape'
'redhottape' with letters rearranged gives 'DEEP THROAT'.
Can you help me to learn more?
(Other definitions for deep throat that I've seen before include "Secret informer" , "9d [WHISTLE BLOWER]" , "Key informant" .)