A “hybrid” music entertainment company with several revenue models says it is shipping its first portable media player (PMP). Titan Global Entertainment’s “Omni” PMP runs Linux, has a 4.3-inch QVGA display, and offers standard media recording and playback features, according to the company.

Titan is a fast-growing company specializing in “artist management,” “record production,” and music distribution, among other pursuits. The company also runs a “Titan Tunes” website which the plan to expand it into “Titan Universe” site for video and other media downloads. The company said that the Omni device will integrate with its media portals.

The Omni is positioned as a more featureful, lower-cost alternative to Apple’s iPod Video product. Touted features include:

– 4.3-inch “HD quality” LCD
– 30GB hard drive
– Bluetooth wireless
– USB 2.0 interface
– Lithium ion battery offering 8 hours of video or 15 hours audio playback
– Weight — 15.2 ounces (260 gm)
– Audio/video I/O supports MPEG4, DivX, XviD, WMA, MP3, OGG
– DVD recorder functionality
– Photo wallet functionality

Titan CEO Jim Pugh says Titan is working with a number of “white label” device manufacturers in Korea and China, and expects to roll out several handheld products over the next few months.

Availability

The Omni appears to be available now, priced at $500, with ear buds, PAL and NTSC video cables, USB cables, and an AC power cord.

[via Linuxdevices]