diff --git a/CMakeLists.txt b/CMakeLists.txt
index 04b72eb8..bec38eb5 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -40,8 +40,8 @@ For more information, please visit <http://www.openshot.org/>.
 set(CMAKE_MODULE_PATH "${CMAKE_CURRENT_LIST_DIR}/cmake/Modules")
 
 ################ PROJECT VERSION ####################
-set(PROJECT_VERSION_FULL "0.2.0-dev5")
-set(PROJECT_SO_VERSION 7)
+set(PROJECT_VERSION_FULL "0.2.1")
+set(PROJECT_SO_VERSION 8)
 
 # Remove the dash and anything following, to get the #.#.# version for project()
 string(REGEX REPLACE "\-.*$" "" VERSION_NUM "${PROJECT_VERSION_FULL}")