FOR THE ANNUAL PERIOD ENDED DECEMBER 31,2008

| Nevada                        | #86-0776876                               |
|-------------------------------|-------------------------------------------|
| (State of      Incorporation) | (I.R.S. Employer      Identification No.) |

| Title      of each class           |   |
|------------------------------------|--------|
| Common      Stock par value $0.001 |   |

|                                     |   |                          |   |                                                                                    |   |                                            |
|------------------------------------------|--------|-------------------------------|--------|-----------------------------------------------------------------------------------------|--------|-------------------------------------------------|
| Large accelerated filer o |   | Accelerated filer o |   | Non-accelerated filer o(Do      not check if a smallerreporting      company) |   | Smaller Reporting Company ý |

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| ITEM      10.                       DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE    GOVERNANCE |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Directors |
|-----------|

|   |   |
|--------|--------|

| Name                 |   | Age |   | Position                                               |   | Director Since |   | End of Term |
|----------------------|--------|-----|--------|--------------------------------------------------------|--------|---------------------|--------|-----------------------|
| Paul      Feller     |   | 44  |   | Chief      Executive Officer and Chairman of the Board |   | 1999                |   | 2012                  |
| Randall      Cross   |   | 55  |   | Director                                               |   | 2009                |   | 2012                  |
| Glenn      Golenberg |   | 68  |   | Director                                               |   | 2009                |   | 2012                  |

| Name               |   | Age |   | Position                                        |
|--------------------|--------|-----|--------|-------------------------------------------------|
| John      Moynahan |   | 51  |   | Acting      Chief Financial Officer(Consultant) |

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| Family      Relationships |
|---------------------------|

|   |   |
|--------|--------|

| Term      of Office |
|---------------------|

|   |   |
|--------|--------|

| Section 16(a) Beneficial      Ownership Compliance |
|--------------------------------------------------------------|

|   |   |
|--------|--------|

| Name and Affiliation                                      |   | No. of LateReports |   | No. of TransactionsNot Filed on TimelyBasis |   | Known Failures toFile |
|---------------------------------------------------------------------|--------|------------------------------|--------|----------------------------------------------------------------------|--------|---------------------------------|
| Paul      Feller, Chief Executive Officer and Chairman of the Board |   | 1                            |   | -                                                                    |   | Form 5                     |

| Code      of Ethics |
|---------------------|

|   |   |
|--------|--------|

| The      Board of Directors and Committees |
|--------------------------------------------|

|   |   |
|--------|--------|

|   |   |
|--------|--------|

|   | ·                       appointing, evaluating and retaining the independent registered      public accounting firm, |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | ·                       reviewing and discussing with management and the independent      registered public accounting firm our annual and quarterly financial      statements and disclosures, |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | ·                       discussing our systems of internal control over financial      reporting, and |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|   | ·                       meeting independently with the independent registered public      accounting firm and management. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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| Compensation      Committee |
|-----------------------------|

|   |   |
|--------|--------|

| Name and Principal Position                          |   | Year |   | Salary ($) |       | Bonus ($) |   | StockAwards($) |   | OptionAwards($) |   | Non-equityIncentive PlanCompensation($) |   | All OtherCompensation ($) |   | Total ($) |   |
|---------------------------------------------------------------------|--------|------|--------|-----------------|------------|----------------|--------|----------------|--------|-----------------|--------|----------------------------------------------|--------|-------------------------------------|--------|----------------|--------|
| Paul      Feller, Chief Executive Officer and Chairman of the Board |   | 2008 |   | $               | 240,000(1) |           | $      | -0-            |   | $               | -0-    |                                         | $      | -0-                                 |   | $              | -0-    |   | $ | -0- |   | $ | 240,000 |   |
|                                                                |   | 2007 |   | $               | 240,000(1) |           | $      | -0-            |   | $               | -0-    |                                         | $      | 1,713,369(2)                        |   | $              | -0-    |   | $ | -0- |   | $ | 1,953,369 |   |

|   | (1)                  Accrued but unpaid and accumulated in deferred    salary. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                    |   | Option Awards                                                       |   |
|-------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|
| Name                                                                    |   | Number ofSecuritiesUnderlyingUnexercisedOptions (#)Exercisable |   | Number ofSecuritiesUnderlyingUnexercisedOptions      (#)Unexercisable |   | OptionExercisePrice($) |   | OptionExpirationDate |   |
| Paul      Feller, Chief Executive Officerand      Chairman of the Board |   | 4,862,895                                                                |   | — |   | $ | 1.79 |   | 1/1/2012 |   |
|                                                                    |   |                                                                     |   |   |   |   |   |   |   |

| Director      Compensation |
|----------------------------|

|   |   |
|--------|--------|

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|                                                                               |                     |   | Amount and Nature |       |   |   |           |   |
|------------------------------------------------------------------------------------|--------------------------|--------|-----------------------------|------------|--------|--------|----------------|--------|
|                                                                               | Title of Class |   | of Beneficial          |       |   |   | Percent        |   |
| Beneficial Owner(1)                                                           | of Stock            |   | Ownership(2)                |       |   |   | of Class* |   |
| 5%      Stockholders:                                                              |                     |   |                        |       |   |   |           |   |
| Ralph      Feller                                                                  | Common                   |   |                        | 9,405,000  |   |   |           |   | 16.3 |   |
| Directors      and executive officers:                                             |                     |   |                        |       |   |   |           |   |   |   |
| Paul      Feller, Chief Executive Officerand      Chairman of the Board            | Common                   |   |                        | 30,853,400 |   | (3)    |           |   | 53.5 |   |
| Randall      Cross, Director                                                       | Common                   |   |                        | -          |   | (4)    |           |   | - |   |
| Glenn      Golenberg, Director                                                     | Common                   |   |                        | -          |   | (4)    |           |   | - |   |
| John      Moynahan, Acting Chief Financial Officer                                 | Common                   |   |                        | 519,061    |   | (5)    |           |   | 0.9 |   |
| All      current directors and executive officers as a group      (5 Persons) | Common                   |   |                        | 31,372,461 |   |   |           |   | 54.4 |   |

|   |   |                                                                                                                                                                                                                                                                                                                    |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *      |   | Based      on 57,673,427 shares of Common Stock outstanding as of April 30,      2009.                                                                                                                                                                                                                             |
| (1)    |   | The      address for each of the individuals listed in the table is      c/o Stratus Media Group, Inc., 8439 West Sunset Boulevard, West      Hollywood, CA 90069                                                                                                                                                  |
| (2)    |   | The      persons named in the table have sole voting and investment power with      respect to all shares of common stock shown as beneficially owned by them,      subject to applicable community property laws.                                                                                                      |
| (3)    |   | Includes      25,255,000 shares held directly and options to purchase 4,862,895 shares      that are fully vested.                                                                                                                                                                                                      |
| (4)    |   | Each      director received an option grant of 450,000 shares that vests one third      at the end of three years.  This table shows shares that are      vested within 60 days of this report and accordingly, no shares are      included for them.                                                         |
| (5)    |   | Option      issuance is conditioned on mutual agreement regarding employment contract      with Mr. Moynahan.  If issued, such options would vest one third      upon issuance, one third at the end of the first year of employment and      the final third at the end of the second year of    employment. |

| Years Ending December 31, |   | Amount  |    |
|------------------------------------------|--------|---------|---------|
|                                     |   |    |    |
| 2009                                     |   | $       | 240,000 | ,  |
| 2010                                     |   | 240,000 |    |
| 2011                                     |   | 240,000 |    |
| 2012                                     |   | 240,000 |    |
|                                     |   | $       | 960,000 |   |

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| Option      Plans |
|-------------------|

|   |   |
|--------|--------|

| Plan Category                                     |   | Number of Securities to beIssued Upon Exercise ofOutstanding Options,Warrants and Rights |   | Weighted-averageExercise Price ofOutstandingOptions, Warrantsand Rights |   | Number of SecuritiesRemaining Availablefor Future IssuanceUnder EquityCompensation Plans(excluding securitiesreflected in column (a)) |
|-------------------------------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                        |   |                                                                                                                                       |   |                                                                                        |   |                                                                                                                                                                                         |
| Equity      compensation plans approved by stockholders     |   | -                                                                                                                                          |   | $                                                                                           | -      |                                                                                                                                                                                         | - |
| Equity      compensation plans not approved by stockholders |   | 5,738,509                                                                                                                                  |   | $                                                                                           | 2.63   |                                                                                                                                                                                         | - |
| Total                                                       |   | 5,738,509                                                                                                                                  |   | $                                                                                           | 2.63   |                                                                                                                                                                                         | - |

| ITEM      13.                           CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR      INDEPENDENCE |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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| ITEM      14.                           PRINCIPAL ACCOUNTANT FEES ANDSERVICES |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

|                                        |   | 2008 |   |   | 2007   |   |
|---------------------------------------------|--------|------|--------|--------|--------|--------|
| Annual      audit and quarterly review fees |   | $    | 60,000 |   |   | $      | 60,000 |   |
| Tax      Fees                               |   | $    | -      |   |   | $      | - |   |

| Annual      audit and quarterly review fees |
|---------------------------------------------|

|   |   |
|--------|--------|

| Tax      Fees |
|---------------|

|   |   |
|--------|--------|

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| Exhibit No.  |   | Exhibit      Description                                                                                                                                                                                                 |
|------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |   |                                                                                                                                                                                                                          |
| 3.1                    |   | Restated      Articles of Incorporation of Titan (incorporated by reference from Form      10-SB (Film No. 98648988) filed by Titan with the Commission on June 16,      1998).                                               |
|                   |   |                                                                                                                                                                                                                          |
| 3.2                    |   | By-Laws      of Titan as amended and restated on September 10, 1999 (incorporated by      reference to Exhibit 3 to the Company’s Current Report on Form 8-K filed      October 1, 1999).                               |
|                   |   |                                                                                                                                                                                                                          |
| 4.1                    |   | Specimen      of Common Stock Certificate (incorporated by reference from Form 10-SB      (Film No. 98648988) filed by Titan with the Commission on June 16,      1998).                                                      |
|                   |   |                                                                                                                                                                                                                          |
| 4.2                    |   | Certificate      of Designations of the Series A Convertible Preferred Stock (incorporated      by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K      filed October 1, 1999).                    |
|                   |   |                                                                                                                                                                                                                          |
| 4.3                    |   | Warrant      issued to Advantage Fund II Ltd., dated September 17, 1999 (incorporated      by reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K      filed October 1, 1999).                         |
|                   |   |                                                                                                                                                                                                                          |
| 4.4                    |   | Warrant      issued to Koch Investment Group Limited, dated September 17, 1999      (incorporated by reference to Exhibit 4.3 to the Company’s Current Report      on Form 8-K filed October 1, 1999).                  |
|                   |   |                                                                                                                                                                                                                          |
| 4.5                    |   | Warrant      issued to Reedland Capital Partners, dated September 17, 1999      (incorporated by reference to Exhibit 4.4 to the Company’s Form S-3      Registration Statement filed on October 15, 1999).             |
|                   |   |                                                                                                                                                                                                                          |
| 4.6                    |   | Warrant      issued to Mr. Richard Cohn, dated September 17, 1999 (incorporated by      reference to Exhibit 4.5 to the Company’s Form S-3 Registration Statement      filed on October 15, 1999).                      |
|                   |   |                                                                                                                                                                                                                          |
| 4.7                    |   | Warrant      issued to Intellect Capital Corp., dated September 17, 1999 (incorporated      by reference to Exhibit 4.6 to the Company’s Form S-3 Registration      Statement filed on October 15, 1999).               |
|                   |   |                                                                                                                                                                                                                          |
| 4.8                    |   | Registration      Rights Agreement with Advantage Fund II Ltd., dated September 15, 1999      (incorporated by reference to Exhibit 4.5 to the Company’s Current Report      on Form 8-K filed October 1, 1999).        |
|                   |   |                                                                                                                                                                                                                          |
| 4.9                    |   | Registration      Rights Agreement with Koch Investment Group Limited, dated September 15,      1999 (incorporated by reference to Exhibit 4.6 to the Company’s Current      Report on Form 8-K filed October 1, 1999). |
|                   |   |                                                                                                                                                                                                                          |
| 4.10                   |   | Certificate      of Designations of the Series B Convertible Preferred Stock (incorporated      by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K      filed March 24, 2000).                     |

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| 4.11   |   | Warrant      issued to Advantage Fund II Ltd., dated March 9, 2000 (incorporated by      reference to Exhibit 4.2 to the Company’s Current Report on Form 8-K filed      March 24, 2000).                                                                                   |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                              |
| 4.12   |   | Warrant      issued to Koch Investment Group Limited, dated March 9, 2000 (incorporated      by reference to Exhibit 4.3 to the Company’s Current Report on Form 8-K      filed March 24, 2000).                                                                            |
|   |   |                                                                                                                                                                                                                                                                              |
| 4.13   |   | Warrant      issued to Reedland Capital Partners, dated March 9, 2000 (incorporated by      reference to Exhibit 4.4 to the Company’s Form S-3 Registration Statement      filed on March 24, 2000).                                                                        |
|   |   |                                                                                                                                                                                                                                                                              |
| 4.14   |   | Registration      Rights Agreement with Advantage Fund II Ltd., dated March 7, 2000      (incorporated by reference to Exhibit 4.5 to the Company’s Current Report      on Form 8-K filed March 24, 2000).                                                                  |
|   |   |                                                                                                                                                                                                                                                                              |
| 4.15   |   | Registration      Rights Agreement with Koch Investment Group Limited, dated March 7, 2000      (incorporated by reference to Exhibit 4.6 to the Company’s Current Report      on Form 8-K filed March 24, 2000).                                                           |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.1   |   | Subscription      Agreement with Advantage Fund II Ltd., dated as of September 15, 1999      (incorporated by reference to Exhibit 10.1 to the Company’s Current Report      on Form 8-K filed October 1, 1999).                                                            |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.2   |   | Subscription      Agreement with Koch Investment Group Limited, dated as of September 15,      1999 (incorporated by reference to Exhibit 10.1 to the Company’s Current      Report on Form 8-K filed October 1, 1999).                                                     |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.3   |   | Modification      and Partial Payment Agreement with Oxford International Management dated      April 13, 2000                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.4   |   | Subscription      Agreement with Advantage Fund II Ltd., dated as of March 7, 2000      (incorporated by reference to Exhibit 10.1 to the Company’s Current Report      on Form 8-K filed March 24, 2000).                                                                  |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.5   |   | Subscription      Agreement with Koch Investment Group Limited, dated as of March 7, 2000      (incorporated by reference to Exhibit 10.1 to the Company’s Current Report      on Form 8-K filed March 24, 2000).                                                           |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.6   |   | 1997      Stock Option and Incentive Plan of Titan (Incorporated by reference from      Form 10-SB (Film No. 98648988) filed by Titan with the Commission on June      16, 1998).                                                                                                 |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.61  |   | Agreement      and Plan of Merger between Pro Sports & Entertainment and Feris      International, Inc. dated August 20, 2007 (Incorporated by reference to      Exhibit 10.1 to the Company’s Current Report on Form 8-K filed March 14,      2008).                   |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.62  |   | Amendment      to Agreement and Plan of Merger between Pro Sports & Entertainment,      Inc. and Feris International, Inc. dated March 10, 2008 (Incorporated by      reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K      filed March 14, 2008). |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.63  |   | Employment      Agreement between Pro Sports & Entertainment, Inc. and Paul Feller      dated January 1, 2007 (Incorporated by reference to Exhibit 10.2 to the      Company’s Current Report on Form 8-K filed March 14,  2008).                                       |
|   |   |                                                                                                                                                                                                                                                                              |
| 10.64  |   | Share      Purchase Agreement with Exclusive Events, S.A. with the “Vendors” (as      defined in the Agreement) (Incorporated by reference to Exhibit 2.1 to the      Company’s Current Report on Form 8-K filed August 11,    2008).                           |
|   |   |                                                                                                                                                                                                                                                                              |
| 31.1*  |   | Certifications      of the Chief Executive Officer under Section 302 of the      Sarbanes-Oxley Act.                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                              |
| 31.2*  |   | Certifications      of the Principal Accounting Officer under Section 302 of the      Sarbanes-Oxley Act.                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                              |
| 32.1*  |   | Certifications      of the Chief Executive Officer under Section 906 of the      Sarbanes-Oxley Act.                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                              |
| 32.2*  |   | Certifications      of the Principal Accounting Officer under Section 906 of the      Sarbanes-Oxley Act.                                                                                                                                                                    |

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|  STRATUS MEDIA GROUP,      INC. |
|--------------------------------------|
|                                 |   |
| By:                        | /s/      Paul Feller |   |
|                                 | Paul      Feller, Chief Executive Officer |
|                                 |   |
| Date:                           | April      30, 2009  |

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