-------------------------- OMB APPROVAL OMB Number: 3235-0145 Expires: December 31, 2005 Estimated average burden hours per response...11 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.____________)* DOLBY LABORATORIES, INC. (DLB) -------------------------------------------------------------------------------- (Name of Issuer) Common Stock Class A -------------------------------------------------------------------------------- (Title of Class of Securities) 25659T107 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2005 -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [_] Rule 13d-1(b) [X] Rule 13d-1(c) [_] Rule 13d-1(d) ---------- * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 25659T107 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Charles P. Coleman III 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,480,492 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,480,492 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,480,492 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN ________________________________________________________________________________ CUSIP No. 25659T107 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global Management, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 2,480,492 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 2,480,492 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,480,492 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.3% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO ________________________________________________________________________________ CUSIP No. 25659T107 --------------------- 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Tiger Global Performance, L.L.C. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_] (b) [X] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 0 6. SHARED VOTING POWER 1,987,686 7. SOLE DISPOSITIVE POWER 0 8. SHARED DISPOSITIVE POWER 1,987,686 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,987,686 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [_] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.8% 12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO ________________________________________________________________________________ 25659T107 --------------------- Item 1(a). Name of Issuer: DOLBY LABORATORIES, INC. (DLB) ____________________________________________________________________ (b). Address of Issuer's Principal Executive Offices: 100 Potrero Avenue San Francisco, CA 94103-4813 ____________________________________________________________________ Item 2(a). Name of Person Filing: Charles P. Coleman, III Tiger Global Management, L.L.C. Tiger Global Performance, L.L.C. ____________________________________________________________________ (b). Address of Principal Business Office, or if None, Residence: 101 Park Avenue, 48th Floor New York, NY 10178 ____________________________________________________________________ (c). Citizenship: Charles P. Coleman, III: United States of America Tiger Global Management, L.L.C.: Delaware Tiger Global Performance, L.L.C.: Delaware ____________________________________________________________________ (d). Title of Class of Securities: Common Stock Class A ____________________________________________________________________ (e). CUSIP Number: 25659T107 ____________________________________________________________________ Item 3. If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c). (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c). (c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c). (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [_] An investment adviser in accordance with s.240.13d 1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with s.240.13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813); (i) [_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [_] Group, in accordance with s.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Charles P. Coleman, III Tiger Global Performance, L.L.C. serves as the general partner of two domestic private investment partnerships. Tiger Global Management, L.L.C. has been retained by Tiger Global Performance, L.L.C to serve as the management company of the two partnerships. Tiger Gloabal Management, L.L.C. also serves as the investment manager of an offshore investment vehicle. Mr. Coleman is the managing member of both Tiger Global Management, L.L.C. and Tiger Global Performance, L.L.C. In accordance with the foregoing, Mr. Coleman may be deemed to beneficially own the securities of the Issuer owned by the various entities managed by Tiger Global Management, L.L.C. (a) Amount beneficially owned: 2,480,492 ______________________________________________________________________ (b) Percent of class: 7.3% ______________________________________________________________________ (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 _______________________, (ii) Shared power to vote or to direct the vote 2,480,492 _____________________, (iii) Sole power to dispose or to direct the 0 disposition of _____________________, (iv) Shared power to dispose or to direct the 2,480,492 disposition of _____________________. Tiger Global Management, L.L.C. Tiger Global Performance, L.L.C. serves as the general partner of two domestic private investment partnerships. Tiger Global Management, L.L.C. has been retained by Tiger Global Performance, L.L.C to serve as the management company of the two partnerships. Tiger Global Management, L.L.C. also serves as the investment manager of an offshore investment vehicle. Mr. Coleman is the managing member of both Tiger Global Management, L.L.C. and Tiger Global Performance, L.L.C. In accordance with the foregoing, Tiger Global Management, L.L.C. may be deemed to beneficially own the securities of the Issuer owned by the various entities managed by Tiger Global Management, L.L.C. (a) Amount beneficially owned: 2,480,492 ______________________________________________________________________ (b) Percent of class: 7.3% ______________________________________________________________________ (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 _______________________, (ii) Shared power to vote or to direct the vote 2,480,492 _____________________, (iii) Sole power to dispose or to direct the 0 disposition of _____________________, (iv) Shared power to dispose or to direct the 2,480,492 disposition of _____________________. Tiger Global Performance, L.L.C. Tiger Global Performance, L.L.C. serves as the general partner of two domestic private investment partnerships. Tiger Global, Management, L.L.C. has been retained by Tiger Global Performance, L.L.C to serve as the management company of the two partnerships. Tiger Global Management, L.L.C. also serves as the investment manager of an offshore investment vehicle. Mr. Coleman is the managing member of both Tiger Global Management, L.L.C. and Tiger Global Performance, L.L.C. In accordance with the foregoing, Tiger Global Performance, L.L.C. may be deemed to beneficially own the securities of the Issuer owned by the partnerships for which it serves as general partner. (a) Amount beneficially owned: 1,987,686 ______________________________________________________________________ (b) Percent of class: 5.8% ______________________________________________________________________ (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 0 _______________________, (ii) Shared power to vote or to direct the vote 1,987,686 _____________________, (iii) Sole power to dispose or to direct the 0 disposition of _____________________, (iv) Shared power to dispose or to direct the 1,987,686 disposition of _____________________. Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. N/A _______________________________________________________________________ Item 6. Ownership of More Than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. N/A _______________________________________________________________________ Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. If a parent holding company or Control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. N/A _______________________________________________________________________ Item 8. Identification and Classification of Members of the Group. If a group has filed this schedule pursuant to s.240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to s. 240.13d-1(c) or 240.13d-1(d), attach an exhibit stating the identity of each member of the group. N/A _______________________________________________________________________ Item 9. Notice of Dissolution of Group. Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. N/A ______________________________________________________________________ Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2006 /s/ Charles P. Coleman, III* _____________________________ Charles P. Coleman, III Tiger Global Management, L.L.C.* By: /s/ Charles P. Coleman, III _______________________________ Name: Charles P. Coleman, III Title: Managing Member Tiger Global Performance, L.L.C.* By: /s/ Charles P. Coleman, III _______________________________ Name: Charles P. Coleman, III Title: Managing Member The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with this statement, provided, however, that a power of attorney, for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent. Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). Exhibit A AGREEMENT The undersigned agree that this Schedule 13G dated February 14, 2006 relating to the Common Stock Class A of DOLBY LABORATORIES, INC. (DLB), shall be filed on behalf of the undersigned. /s/ Charles P. Coleman, III* _____________________________ Charles P. Coleman, III Tiger Global Management, L.L.C.* By: /s/ Charles P. Coleman, III _______________________________ Name: Charles P. Coleman, III Title: Managing Member Tiger Global Performance, L.L.C.* By: /s/ Charles P. Coleman, III _______________________________ Name: Charles P. Coleman, III Title: Managing Member