diff --git a/library/common/src/main/java/com/google/android/exoplayer2/BasePlayer.java b/library/common/src/main/java/com/google/android/exoplayer2/BasePlayer.java
index f09df0584a..9b09c0988f 100644
--- a/library/common/src/main/java/com/google/android/exoplayer2/BasePlayer.java
+++ b/library/common/src/main/java/com/google/android/exoplayer2/BasePlayer.java
@@ -137,6 +137,11 @@ public abstract class BasePlayer implements Player {
     }
   }
 
+  @Override
+  public final void setPlaybackSpeed(float speed) {
+    setPlaybackParameters(getPlaybackParameters().withSpeed(speed));
+  }
+
   @Override
   public final void stop() {
     stop(/* reset= */ false);
diff --git a/library/common/src/main/java/com/google/android/exoplayer2/Player.java b/library/common/src/main/java/com/google/android/exoplayer2/Player.java
index 518b1105f7..3ab0c52274 100644
--- a/library/common/src/main/java/com/google/android/exoplayer2/Player.java
+++ b/library/common/src/main/java/com/google/android/exoplayer2/Player.java
@@ -1304,6 +1304,18 @@ public interface Player {
    */
   void setPlaybackParameters(@Nullable PlaybackParameters playbackParameters);
 
+  /**
+   * Changes the rate at which playback occurs.
+   *
+   * <p>The pitch is not changed.
+   *
+   * <p>This is equivalent to {@code setPlaybackParameter(getPlaybackParameter().withSpeed(speed))}.
+   *
+   * @param speed The linear factor by which playback will be sped up. Must be higher than 0. 1 is
+   *     normal speed, 2 is twice as fast, 0.5 is half normal speed...
+   */
+  void setPlaybackSpeed(float speed);
+
   /**
    * Returns the currently active playback parameters.
    *
diff --git a/library/core/src/test/java/com/google/android/exoplayer2/ExoPlayerTest.java b/library/core/src/test/java/com/google/android/exoplayer2/ExoPlayerTest.java
index d5a00201ac..07388f6b5e 100644
--- a/library/core/src/test/java/com/google/android/exoplayer2/ExoPlayerTest.java
+++ b/library/core/src/test/java/com/google/android/exoplayer2/ExoPlayerTest.java
@@ -8605,6 +8605,20 @@ public final class ExoPlayerTest {
     assertThat(liveOffsetAtEnd).isIn(Range.closed(3_900L, 4_100L));
   }
 
+  @Test
+  public void playerIdle_withSetPlaybackSpeed_usesPlaybackParameterSpeedWithPitchUnchanged() {
+    ExoPlayer player = new TestExoPlayerBuilder(context).build();
+    player.setPlaybackParameters(new PlaybackParameters(/* speed= */ 1, /* pitch= */ 2));
+    Player.EventListener mockListener = mock(Player.EventListener.class);
+    player.addListener(mockListener);
+    player.prepare();
+
+    player.setPlaybackSpeed(2);
+
+    verify(mockListener)
+        .onPlaybackParametersChanged(new PlaybackParameters(/* speed= */ 2, /* pitch= */ 2));
+  }
+
   @Test
   public void targetLiveOffsetInMedia_withSetPlaybackParameters_usesPlaybackParameterSpeed()
       throws Exception {