Ridicule drinks for the audience (5)
I believe the answer is:
tease
'ridicule' is the definition.
(I know that tease is a more specific form of ridicule)
'drinks for the audience' is the wordplay.
'drinks' becomes 'teas' (tea is a kind of drink).
'for the audience' shows a homophone (sound like) (how an audience might hear it).
'teas' sounds like 'TEASE'.
(Other definitions for tease that I've seen before include "Torment, tantalise" , "Twit - flirt" , "Torment lightly" , "Cod" , "Make fun of; comb wool" .)