Musician could produce record for the audience (5)
I believe the answer is:
liszt
'musician' is the definition.
(Franz Liszt, 1811-1886)
'record for the audience' is the wordplay.
'record' becomes 'list' (list is a type of record).
'for the audience' indicates a 'sounds like' (homophone) clue (how an audience might hear it).
'list' sounds like 'LISZT'.
'could produce' is the link.
(Other definitions for liszt that I've seen before include "Hungarian virtuoso composer" , "half-drunk?" , "Pianist and composer (often associated with Brahms), d. 1886" , "Franz . . . . ., great Hungarian composer" , "Hungarian romantic composer" .)