diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9b6a7cca..79d69c3d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/),
 and this project adheres to [Semantic Versioning](https://semver.org/).
 
-## [Unreleased]
+## [0.5.0]
 ### Changed
 - Update Bitmovin's native Android Player SDK version to `3.55.0`
 - Update Bitmovin's native iOS Player SDK version to `3.52.0`
diff --git a/example/ios/Podfile.lock b/example/ios/Podfile.lock
index dfc136ed..95b53200 100644
--- a/example/ios/Podfile.lock
+++ b/example/ios/Podfile.lock
@@ -1,7 +1,7 @@
 PODS:
   - audio_session (0.0.1):
     - Flutter
-  - bitmovin_player (0.4.0):
+  - bitmovin_player (0.5.0):
     - BitmovinPlayer (= 3.52.0)
     - Flutter
   - BitmovinAnalyticsCollector/BitmovinPlayer (3.3.1):
@@ -50,7 +50,7 @@ EXTERNAL SOURCES:
 
 SPEC CHECKSUMS:
   audio_session: 4f3e461722055d21515cf3261b64c973c062f345
-  bitmovin_player: 847c9dd5085f128efd63b20660b49d3c4311d6a2
+  bitmovin_player: 9bed3bdb8a8c93879a69f6eb188d37e7dab90e59
   BitmovinAnalyticsCollector: d9a7ececfdd6936f6e94d30b037cf9ee3b171c70
   BitmovinPlayer: 71c83000afc931197d0bc5c8eb882ec7e072601f
   BitmovinPlayerCore: 2f9b4ccb421a6e7ddd92a67109397b3414fc6ae0
diff --git a/example/pubspec.lock b/example/pubspec.lock
index e9353307..dd6066a6 100644
--- a/example/pubspec.lock
+++ b/example/pubspec.lock
@@ -23,7 +23,7 @@ packages:
       path: ".."
       relative: true
     source: path
-    version: "0.4.0"
+    version: "0.5.0"
   boolean_selector:
     dependency: transitive
     description:
diff --git a/pubspec.yaml b/pubspec.yaml
index d1f25dfd..cfd87154 100644
--- a/pubspec.yaml
+++ b/pubspec.yaml
@@ -1,6 +1,6 @@
 name: bitmovin_player
 description: Official Flutter bindings for Bitmovin's mobile Player SDKs.
-version: 0.4.0
+version: 0.5.0
 homepage: https://bitmovin.com
 repository: https://github.com/bitmovin/bitmovin-player-flutter
 issue_tracker: https://github.com/bitmovin/bitmovin-player-flutter/issues