diff --git a/gallery_dl/__init__.py b/gallery_dl/__init__.py
index 558f8325..654b88c0 100644
--- a/gallery_dl/__init__.py
+++ b/gallery_dl/__init__.py
@@ -10,7 +10,7 @@ __author__     = "Mike Fährmann"
 __copyright__  = "Copyright 2014-2016 Mike Fährmann"
 
 __license__    = "GPLv2"
-__version__    = "0.4.1"
+__version__    = "0.5.0"
 __maintainer__ = "Mike Fährmann"
 __email__      = "mike_faehrmann@web.de"
 
diff --git a/setup.py b/setup.py
index bc251770..8284d5aa 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@ def read(fname):
 
 setup(
     name="gallery_dl",
-    version="0.4.1",
+    version="0.5.0",
     description="gallery- and image downloader",
     long_description=read("README.rst"),
     url="https://github.com/mikf/gallery-dl",