There was a rumor that King Nagarjuna is going to come up with another satellite channel Manam. The latest buzz is that Nag and entrepreneur quashed it as mere baseless rumors. However, we hear that the channel is getting launched and the logo of the channel was also unveiled. However, it is sans Nag’s interference. The channel is coming up from a group of like minded entrepreneurs having vast experience in media. The channel will be launched on 1st May. Initially, the channel services will be launched in Hyderabad and Vijayawada.