Nagarjuna has rejected the on going rumors about his new business. He took to twitter to clear the air about the speculations on Manam entertainment channel.
There are rumours that Iam starting a TV entertainment channel called Manam/ ABSOLUTELY NOT TRUE!! Fyi:)
— Nagarjuna Akkineni (@iamnagarjuna) April 15, 2015
To everybody who has no clue what it is about, there were few reports that Nagarjuna is kick starting a new entertainment channel, after selling out MAA TV. The gossip mongers have also named the channel as Manam TV.
Like we all know, MAA TV was a grand success with the support of two Tollywood big wigs, Chiranjeevi and Nagarjuna. In a similar way, it was reported that Nagarjuna is lending some support from Tollywood's ace producer, PVP, to invest in the new channel.
Since the film and also the title 'Manam' is close to Akkineni's, it added the strength to the rumors. On the film front, Nagarjuna is busy juggling between the shoots of Soggade Chinni Nayana and another yet to be titled film with Vamsi Padipally under the production of PVP Cinema.