diff --git a/CHANGELOG.md b/CHANGELOG.md
index e91ea17a1..c5dd705e4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,11 @@ CHANGELOG
 =========
 
 ## HEAD (Unreleased)
+_(none)_
+
+--------------------
+
+## 5.5.0 (2016-01-07)
 * @hartman fixed usage of lighten in progress component. Fixes #2793 ([view](https://github.com/videojs/video.js/pull/2875))
 * @misteroneill exposed createEl on videojs ([view](https://github.com/videojs/video.js/pull/2926))
 * @huitsing updated docstrings for autoplay and loop methods ([view](https://github.com/videojs/video.js/pull/2960))
@@ -11,8 +16,6 @@ CHANGELOG
 * @forbesjo updated player to not autoplay if there is no source ([view](https://github.com/videojs/video.js/pull/2971))
 * @gkatsev updated css to have ascii codepoints for fonticons. Expose new scss file ([view](https://github.com/videojs/video.js/pull/2973))
 
---------------------
-
 ## 5.4.6 (2015-12-22)
 * @gkatsev fixed vertical slider alignment in volume menu button ([view](https://github.com/videojs/video.js/pull/2943))
 
diff --git a/component.json b/component.json
index 454954ec6..49834fcb1 100644
--- a/component.json
+++ b/component.json
@@ -1,7 +1,7 @@
 {
   "name": "video.js",
   "description": "An HTML5 and Flash video player with a common API and skin for both.",
-  "version": "5.4.6",
+  "version": "5.5.0",
   "keywords": [
     "videojs",
     "html5",
diff --git a/package.json b/package.json
index 08e5c8ec4..f5e256c54 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "video.js",
   "description": "An HTML5 and Flash video player with a common API and skin for both.",
-  "version": "5.4.6",
+  "version": "5.5.0",
   "copyright": "Copyright Brightcove, Inc. <https://www.brightcove.com/>",
   "license": "Apache-2.0",
   "keywords": [