Comedian turned producer Venu Madhav celebrated his Nandi award win at the music release of his maiden production Premabhishekam-Veediki Cancer Ledhu, along with the film's cast and crew and guests, actor Srihari, D.Ramanaidu, S.V.Krishna Reddy and Chakri. But the special guests for the evening were actors Venkatesh and director V.V.Vinayak , with whom Venu Madhav worked in Lakshmi (the film for which he won the best comedian Nandi Award). Venkatesh released the audio cassettes while Vinayak was all praises for Venu Madhav terming him as his lucky mascot. The function was held on 14th Feb at the Ravi Narayana Reddy Auditorium.

Premabhishekam is directed by S.S.Gandhi and stars Ruthika and Priya Mohan as the leading ladies.