Pass made by S. Spielberg's favourite actor after new Oscar (2,6)
I believe the answer is:
no thanks
'pass made by s spielberg's favourite' is the definition.
I know nothing about this answer so I cannot judge whether this works.
'actor after new oscar' is the wordplay.
'actor' becomes 'hanks' (I've seen this before).
'after' is a charade indicator (letters next to each other).
'new oscar' becomes 'not' (I can't justify this - if you can you should believe this answer much more).
'hanks' put after 'not' is 'NO THANKS'.
Can you help me to learn more?
(Another definition for no thanks that I've seen is " Polite refusal".)