Enjoy film about yellow parrot (8)
I believe the answer is:
lorikeet
'parrot' is the definition.
(I know that lorikeet is a type of lory)
'enjoy film about yellow' is the wordplay.
'enjoy' becomes 'like' (like can mean to appreciate or enjoy something).
'film' becomes 'ET' (E.T. the Extra-Terrestrial).
'about' is an insertion indicator.
'yellow' becomes 'or' (heraldic term).
'like'+'et'='likeet'
'likeet' placed around 'or' is 'LORIKEET'.
(Other definitions for lorikeet that I've seen before include "Kite role (anag) - parrot" , "Small parrot" , "Bird -- any of the small lories" .)