The Stage article about enthralling atmosphere (7)
I believe the answer is:
theatre
'the stage' is the definition.
(theatre stage is a kind of stage)
'article about enthralling atmosphere' is the wordplay.
'article' becomes 'the' (the definite article in English).
'about' becomes 're' ('re' means regarding or about).
'enthralling' is an insertion indicator.
'atmosphere' becomes 'at' (abbreviation).
'the'+'re'='there'
'there' going around 'at' is 'THEATRE'.
(Other definitions for theatre that I've seen before include "US cinema" , "for public performance" , "Scene of military activity" , "Drama in general" , "House" .)