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            <filer>
                <filerCredentials>
                    <cik>0001894052</cik>
                    <ccc>XXXXXXXX</ccc>
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            <liveTestFlag>LIVE</liveTestFlag>



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    <formData>
        <issuerInfo>
            <issuerCik>0001308547</issuerCik>
            <issuerName>DOLBY LABORATORIES, INC.</issuerName>
            <secFileNumber>001-32431</secFileNumber>
            <issuerAddress>
                <ns2:street1>1275 Market Street</ns2:street1>
                <ns2:city>San Francisco</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94103-1410</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(415) 558-0200</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>JOHN COULING</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>50000</noOfUnitsSold>
            <aggregateMarketValue>4002000.00</aggregateMarketValue>
            <noOfUnitsOutstanding>95435809</noOfUnitsOutstanding>
            <approxSaleDate>11/22/2024</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <acquiredDate>12/16/2022</acquiredDate>
            <natureOfAcquisitionTransaction>Performance Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>2000</amountOfSecuritiesAcquired>
            <paymentDate>12/16/2022</paymentDate>
            <natureOfPayment>Not Applicable</natureOfPayment>
        </securitiesToBeSold>
        <securitiesToBeSold>
            <securitiesClassTitle>COMMON</securitiesClassTitle>
            <acquiredDate>11/22/2024</acquiredDate>
            <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>48000</amountOfSecuritiesAcquired>
            <paymentDate>11/22/2024</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>11/22/2024</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>08/21/2024</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ John David Couling</signature>
        </noticeSignature>
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144
0001894052
XXXXXXXX
LIVE
0001308547
DOLBY LABORATORIES, INC.
001-32431
1275 Market Street
San Francisco
CA
94103-1410
(415) 558-0200
JOHN COULING
Officer
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
50000
4002000.00
95435809
11/22/2024
NYSE
COMMON
12/16/2022
Performance Shares
ISSUER
N
2000
12/16/2022
Not Applicable
COMMON
11/22/2024
Stock Option Exercise
ISSUER
N
48000
11/22/2024
Cash
Y
11/22/2024
08/21/2024
/s/ John David Couling