Reported spectacles at venues (5)
I believe the answer is:
sites
'venues' is the definition.
(I've seen this in another clue)
'reported spectacles' is the wordplay.
'reported' indicates a 'sounds like' (homophone) clue.
'spectacles' becomes 'sights' (sight can mean a visual spectacle).
'sights' is a homophone of 'SITES'.
'at' acts as a link.
(Other definitions for sites that I've seen before include "places" , "Spots" , "Is set among building locations" , "Locations or positions, as for building" , "Locates" .)