Ogre removing king died in scrap (5)
I believe the answer is:
shred
'scrap' is the definition.
(both can mean a small amount of material)
'ogre removing king died' is the wordplay.
'ogre' becomes 'Shrek' (ogre in the film franchise).
'removing' indicates named letters should be taken away.
'king' becomes 'K' (chess abbreviation).
'died' becomes 'd' (abbreviation next to the year of someone's death).
'shrek' with 'k' taken away is 'shre'.
'shre'+'d'='SHRED'
'in' is the link.
(Other definitions for shred that I've seen before include "Rip up" , "Torn piece of material" , "(Reduce to) small piece(s)" , "Thin scrap or strip" , "Torn-off fragment" .)