Last character following Disney to dance (5)
I believe the answer is:
waltz
'dance' is the definition.
(waltzing is a kind of dancing)
'last character following disney' is the wordplay.
'last character' becomes 'z'.
'following' says to put letters next to each other.
'disney' becomes 'walt' (Walt Disney).
'z' put after 'walt' is 'WALTZ'.
'to' acts as a link.
(Other definitions for waltz that I've seen before include "Dance in 3/4 time" , "Dance in three-four time" , "Ballroom dance in triple time" , "German dance" , "Three-time dance" .)