Many a low-budget flick (5)
I believe the answer is:
indie
'many a low-budget flick' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for indie that I've seen before include "Branch of pop music" , "Specialist record company" , "type of record company" , "Category of pop music" , "(Pop group) not affiliated with a major record company" .)