diff --git a/CHANGELOG.md b/CHANGELOG.md
index aba07e48..1235802d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,23 @@
 # Changelog
 
-## Unreleased
+## 1.16.2 - 2021-01-09
+### Additions
+- [derpibooru] add `search` and `gallery` extractors ([#862](https://github.com/mikf/gallery-dl/issues/862))
+- [foolfuuka] add `board` and `search` extractors ([#1044](https://github.com/mikf/gallery-dl/issues/1044), [#1174](https://github.com/mikf/gallery-dl/issues/1174))
+- [gfycat] add `date` metadata field ([#1138](https://github.com/mikf/gallery-dl/issues/1138))
+- [pinterest] add support for getting all boards of a user ([#1205](https://github.com/mikf/gallery-dl/issues/1205))
+- [sankaku] add support for book searches ([#1204](https://github.com/mikf/gallery-dl/issues/1204))
+- [twitter] fetch media from pinned tweets ([#1203](https://github.com/mikf/gallery-dl/issues/1203))
+- [wikiart] add extractor for single paintings ([#1233](https://github.com/mikf/gallery-dl/issues/1233))
+- [downloader:http] add MIME type and signature for `.ico` files ([#1211](https://github.com/mikf/gallery-dl/issues/1211))
+- add a `d` format string conversion for timestamp values
+- add `"ascii"` as a special `path-restrict` value
+### Fixes
+- [hentainexus] fix extraction ([#1234](https://github.com/mikf/gallery-dl/issues/1234))
+- [instagram] categorize single highlight URLs as `highlights` ([#1222](https://github.com/mikf/gallery-dl/issues/1222))
+- [redgifs] fix search results
+- [twitter] fix login with username & password
+- [twitter] fetch tweets from `homeConversation` entries
 
 ## 1.16.1 - 2020-12-27
 ### Additions
diff --git a/README.rst b/README.rst
index 03d5367d..7c8a5d6f 100644
--- a/README.rst
+++ b/README.rst
@@ -83,8 +83,8 @@ Download a standalone executable file,
 put it into your `PATH <https://en.wikipedia.org/wiki/PATH_(variable)>`__,
 and run it inside a command prompt (like ``cmd.exe``).
 
-- `Windows <https://github.com/mikf/gallery-dl/releases/download/v1.16.1/gallery-dl.exe>`__
-- `Linux   <https://github.com/mikf/gallery-dl/releases/download/v1.16.1/gallery-dl.bin>`__
+- `Windows <https://github.com/mikf/gallery-dl/releases/download/v1.16.2/gallery-dl.exe>`__
+- `Linux   <https://github.com/mikf/gallery-dl/releases/download/v1.16.2/gallery-dl.bin>`__
 
 These executables include a Python interpreter
 and all required Python packages.
@@ -321,7 +321,7 @@ access to *gallery-dl*. Authorize it and you will be shown one or more
 .. _gallery-dl-example.conf: https://github.com/mikf/gallery-dl/blob/master/docs/gallery-dl-example.conf
 .. _configuration.rst:       https://github.com/mikf/gallery-dl/blob/master/docs/configuration.rst
 .. _Supported Sites:         https://github.com/mikf/gallery-dl/blob/master/docs/supportedsites.rst
-.. _stable:                  https://github.com/mikf/gallery-dl/archive/v1.16.1.tar.gz
+.. _stable:                  https://github.com/mikf/gallery-dl/archive/v1.16.2.tar.gz
 .. _dev:                     https://github.com/mikf/gallery-dl/archive/master.tar.gz
 
 .. _Python:     https://www.python.org/downloads/
diff --git a/gallery_dl/extractor/derpibooru.py b/gallery_dl/extractor/derpibooru.py
index 2aa15031..3b20fa54 100644
--- a/gallery_dl/extractor/derpibooru.py
+++ b/gallery_dl/extractor/derpibooru.py
@@ -121,7 +121,7 @@ class DerpibooruPostExtractor(DerpibooruExtractor):
 class DerpibooruSearchExtractor(DerpibooruExtractor):
     """Extractor for search results on derpibooru.org"""
     subcategory = "search"
-    directory_fmt = ("{category}", "search", "{search_tags}")
+    directory_fmt = ("{category}", "{search_tags}")
     pattern = BASE_PATTERN + r"/(?:search/?\?([^#]+)|tags/([^/?#]+))"
     test = (
         ("https://derpibooru.org/search?q=cute", {
diff --git a/gallery_dl/version.py b/gallery_dl/version.py
index 6dfcb9ab..c899f397 100644
--- a/gallery_dl/version.py
+++ b/gallery_dl/version.py
@@ -6,4 +6,4 @@
 # it under the terms of the GNU General Public License version 2 as
 # published by the Free Software Foundation.
 
-__version__ = "1.16.2-dev"
+__version__ = "1.16.2"