diff --git a/NEWS b/NEWS
index e73c617da..43e148164 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,13 @@
+PipeWire 0.3.4
+
+This is a bugfix release that is API and ABI compatible
+with previous 0.3.x releases.
+
+- A quick update with some important stability fixes.
+
+
+Older versions:
+
 PipeWire 0.3.3
 
 This is a bugfix release that is API and ABI compatible
@@ -26,8 +36,6 @@ with previous 0.3.x releases.
   jack applications with the right library path.
 
 
-Older versions:
-
 PipeWire 0.3.2
 
 This is a bugfix release that is API and ABI compatible
diff --git a/meson.build b/meson.build
index 04306b30a..74142587c 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('pipewire', ['c' ],
-  version : '0.3.3',
+  version : '0.3.4',
   license : 'MIT',
   meson_version : '>= 0.50.0',
   default_options : [ 'warning_level=3',