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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FglZ1+fK7JxAoV0SE9Yawle0loXe0x2P3Zk7sRa7ltmA2rGQHmdrQ6LxvSwHmgaV
 DpxUW5fwTPArLy3Xx9FGzg==

<SEC-DOCUMENT>0001209191-07-015938.txt : 20070306
<SEC-HEADER>0001209191-07-015938.hdr.sgml : 20070306
<ACCEPTANCE-DATETIME>20070306161140
ACCESSION NUMBER:		0001209191-07-015938
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070302
FILED AS OF DATE:		20070306
DATE AS OF CHANGE:		20070306

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FORTUNE CARTER M
		CENTRAL INDEX KEY:			0001121307

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32543
		FILM NUMBER:		07675010

	MAIL ADDRESS:	
		STREET 1:		111 MONUMENT CIRCLE STE 4600
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46204

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORTUNE INDUSTRIES, INC.
		CENTRAL INDEX KEY:			0000851249
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATION SERVICES, NEC [4899]
		IRS NUMBER:				742504501
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	BUSINESS ADDRESS:	
		STREET 1:		ATTN: AMY GALLO
		STREET 2:		6402 CORPORATE DRIVE
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46268
		BUSINESS PHONE:		3175321374

	MAIL ADDRESS:	
		STREET 1:		ATTN: AMY GALLO
		STREET 2:		6402 CORPORATE DRIVE
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46268

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FORTUNE DIVERSIFIED INDUSTRIES INC
		DATE OF NAME CHANGE:	20010820

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WOW ENTERTAINMENT INC
		DATE OF NAME CHANGE:	20001116

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN GAMING & ENTERTAINMENT LTD /DE
		DATE OF NAME CHANGE:	19941229
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c13032_01cmf2.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-03-02</periodOfReport>

    <issuer>
        <issuerCik>0000851249</issuerCik>
        <issuerName>FORTUNE INDUSTRIES, INC.</issuerName>
        <issuerTradingSymbol>FFI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001121307</rptOwnerCik>
            <rptOwnerName>FORTUNE CARTER M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6402 CORPORATE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>INDIANAPOLIS</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46278</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Treasurer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>14225</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5281597</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>384500</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Fisbeck-Fortune Development LLC</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting person acquired 14,225 shares of the Issuer's Common Stock from MGTS Corp. pursuant to certain put rights that arose from the acquisition of Magtech Services, Inc. by the Issuer.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Carter M Fortune</signatureName>
        <signatureDate>2007-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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