diff --git a/NEWS b/NEWS
index dfa521620..4c30d8a61 100644
--- a/NEWS
+++ b/NEWS
@@ -1,14 +1,17 @@
-PipeWire 0.1.9
+PipeWire 0.2.1
 
-- Various build fixes
-- Do more permission checks
-- Add support for doing async connections. This can be used to
-  make connections through the portal later.
-- Fix device creation from the GStreamer device monitor
-- v4l2 experiment with controls
-- move rtkit to a module to avoid dbus dependency
-- use dmabuf allocator in gstreamer elements
-- Add DSP module for pro audio cases, remove jack module. The
-  idea is to make a replacement jack client library that talks
-  pipewire directly instead of trying to emulate a jack server.
-- Various memory handling improvements
+- Various fixes to memory handling
+- Fixes for shutdown
+- v4l2 fix enumeration of frame intervals
+- Make the daemon stop when the setup commands fail
+- Improve safety of hooks
+- Update stream API to more future proof version
+- Add more options to stream API such as scheduling in the
+  main thread and automatic mapping of buffers
+- Add version file and macros to check compile time and
+  runtime versions of pipewire
+- Future proof some structs
+
+Work is ongoing in the work branch that features a completely new
+scheduling method that will enable audio support. Some of these
+API changes are backported in this branch.
diff --git a/meson.build b/meson.build
index 8e636eecb..0e982cca2 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('pipewire', 'c',
-  version : '0.2.0',
+  version : '0.2.1',
   meson_version : '>= 0.36.0',
   default_options : [ 'warning_level=1',
                       'c_std=gnu99',