-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 UzCKrCcKWb3nkSdadHCt3Htu92DzHHlqfUn77S5GDNF23msxnXBHixOLspRBbEGy
 g4p28EVvkMQxRTDpKhSHHw==

<SEC-DOCUMENT>0001209191-07-015936.txt : 20070306
<SEC-HEADER>0001209191-07-015936.hdr.sgml : 20070306
<ACCEPTANCE-DATETIME>20070306161052
ACCESSION NUMBER:		0001209191-07-015936
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:			WOLCOTT NORMAN G JR
		CENTRAL INDEX KEY:			0001256105

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32543
		FILM NUMBER:		07675004

	BUSINESS ADDRESS:	
		STREET 1:		6809 CORPORATE DRIVE
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46278

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_01ngw.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>0001256105</rptOwnerCik>
            <rptOwnerName>WOLCOTT NORMAN G JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6402 CORPORATE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>INDIANAPOLIS</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46278</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>306876</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>406875</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>306875</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>100000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>142686</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>142686</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>As set forth in Footnotes 3 and 4 of this filing</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-03-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>142686</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>3.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>As set forth in Footnotes 3 and 4 of this filing</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting person sold 306,876 shares of the Common Stock of the Issuer to Carter M. Fortune pursuant to the exercise of certain options arising from the acquistion of Nor-Cote International, Inc. by the Issuer in 2003.</footnote>
        <footnote id="F2">The Reporting person sold 306,875 shares of the Common Stock of the Issuer to John F. Fisbeck pursuant to the exercise of certain options arising from the acquistion of Nor-Cote International, Inc. by the Issuer in 2003.</footnote>
        <footnote id="F3">The Norman G. Wolcott Sr. and Lucile H. Wolcott Revocable Trust of 1995 Survivor's Trust, of which the Reporting Person is the beneficiary, sold 142,686 shares of the Issuer's stock to Carter M. Fortune pursuant to the exercise of certain options arising from the acquistion of Nor-Cote International, Inc. by the Issuer in 2003.</footnote>
        <footnote id="F4">The Norman G. Wolcott Sr. and Lucile H. Wolcott Revocable Trust of 1995 Marital Trust, of which the Reporting Person is the beneficiary, sold 142,686 shares of the Issuer's stock to John F. Fisbeck pursuant to the exercise of certain options arising from the acquistion of Nor-Cote International, Inc. by the Issuer in 2003.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Norman G. Wolcott, Jr.</signatureName>
        <signatureDate>2007-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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