diff --git a/.github/ISSUE_TEMPLATE/bug.yml b/.github/ISSUE_TEMPLATE/bug.yml
index 005d4e2e68..ab94d9922e 100644
--- a/.github/ISSUE_TEMPLATE/bug.yml
+++ b/.github/ISSUE_TEMPLATE/bug.yml
@@ -17,6 +17,7 @@ body:
       label: Media3 Version
       description: What version of Media3 are you using?
       options:
+        - 1.0.0-rc02
         - 1.0.0-rc01
         - 1.0.0-beta03
         - 1.0.0-beta02
diff --git a/constants.gradle b/constants.gradle
index 39884d57c7..f1fa589e94 100644
--- a/constants.gradle
+++ b/constants.gradle
@@ -12,8 +12,8 @@
 // See the License for the specific language governing permissions and
 // limitations under the License.
 project.ext {
-    releaseVersion = '1.0.0-rc01'
-    releaseVersionCode = 1_000_000_2_01
+    releaseVersion = '1.0.0-rc02'
+    releaseVersionCode = 1_000_000_2_02
     minSdkVersion = 16
     appTargetSdkVersion = 33
     // API version before restricting local file access.
diff --git a/libraries/common/src/main/java/androidx/media3/common/MediaLibraryInfo.java b/libraries/common/src/main/java/androidx/media3/common/MediaLibraryInfo.java
index ad013f4cd3..64cdc2d996 100644
--- a/libraries/common/src/main/java/androidx/media3/common/MediaLibraryInfo.java
+++ b/libraries/common/src/main/java/androidx/media3/common/MediaLibraryInfo.java
@@ -29,11 +29,11 @@ public final class MediaLibraryInfo {
 
   /** The version of the library expressed as a string, for example "1.2.3" or "1.2.3-beta01". */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION_INT) or vice versa.
-  public static final String VERSION = "1.0.0-rc01";
+  public static final String VERSION = "1.0.0-rc02";
 
   /** The version of the library expressed as {@code TAG + "/" + VERSION}. */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  public static final String VERSION_SLASHY = "AndroidXMedia3/1.0.0-rc01";
+  public static final String VERSION_SLASHY = "AndroidXMedia3/1.0.0-rc02";
 
   /**
    * The version of the library expressed as an integer, for example 1002003300.
@@ -47,7 +47,7 @@ public final class MediaLibraryInfo {
    * (123-045-006-3-00).
    */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  public static final int VERSION_INT = 1_000_000_2_01;
+  public static final int VERSION_INT = 1_000_000_2_02;
 
   /** Whether the library was compiled with {@link Assertions} checks enabled. */
   public static final boolean ASSERTIONS_ENABLED = true;