diff --git a/youtube/version.py b/youtube/version.py
index 4dc205d..47869a0 100644
--- a/youtube/version.py
+++ b/youtube/version.py
@@ -1,3 +1,3 @@
 from __future__ import unicode_literals
 
-__version__ = 'v0.4.5'
+__version__ = 'v0.5.0'