diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index d216e767b0..6a1defa809 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -1,5 +1,28 @@
 # Release notes #
 
+### r2.4.1 ###
+
+* Stability: Avoid OutOfMemoryError in extractors when parsing malformed media
+  ([#2780](https://github.com/google/ExoPlayer/issues/2780)).
+* Stability: Avoid native crash on Galaxy Nexus. Avoid unnecessarily large codec
+  input buffer allocations on all devices
+  ([#2607](https://github.com/google/ExoPlayer/issues/2607)).
+* Variable speed playback: Fix interpolation for rate/pitch adjustment
+  ([#2774](https://github.com/google/ExoPlayer/issues/2774)).
+* HLS: Include EXT-X-DATERANGE tags in HlsMediaPlaylist.
+* HLS: Don't expose CEA-608 track if CLOSED-CAPTIONS=NONE
+  ([#2743](https://github.com/google/ExoPlayer/issues/2743)).
+* HLS: Correctly propagate errors loading the media playlist
+  ([#2623](https://github.com/google/ExoPlayer/issues/2623)).
+* UI: DefaultTimeBar enhancements and bug fixes
+  ([#2740](https://github.com/google/ExoPlayer/issues/2740)).
+* Ogg: Fix failure to play some Ogg files
+  ([#2782](https://github.com/google/ExoPlayer/issues/2782)).
+* Captions: Don't select text tack with no language by default.
+* Captions: TTML positioning fixes
+  ([#2824](https://github.com/google/ExoPlayer/issues/2824)).
+* Misc bugfixes.
+
 ### r2.4.0 ###
 
 * New modular library structure. You can read more about depending on individual
diff --git a/build.gradle b/build.gradle
index da75def90b..258b11d2e6 100644
--- a/build.gradle
+++ b/build.gradle
@@ -48,7 +48,7 @@ allprojects {
         releaseRepoName = getBintrayRepo()
         releaseUserOrg = 'google'
         releaseGroupId = 'com.google.android.exoplayer'
-        releaseVersion = 'r2.4.0'
+        releaseVersion = 'r2.4.1'
         releaseWebsite = 'https://github.com/google/ExoPlayer'
     }
     if (it.hasProperty('externalBuildDir')) {
diff --git a/demo/src/main/AndroidManifest.xml b/demo/src/main/AndroidManifest.xml
index 6580e687cc..1bb859028d 100644
--- a/demo/src/main/AndroidManifest.xml
+++ b/demo/src/main/AndroidManifest.xml
@@ -16,8 +16,8 @@
 
 <manifest xmlns:android="http://schemas.android.com/apk/res/android"
     package="com.google.android.exoplayer2.demo"
-    android:versionCode="2400"
-    android:versionName="2.4.0">
+    android:versionCode="2401"
+    android:versionName="2.4.1">
 
   <uses-permission android:name="android.permission.INTERNET"/>
   <uses-permission android:name="android.permission.READ_EXTERNAL_STORAGE"/>
diff --git a/library/core/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java b/library/core/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
index 13cf35d449..23c2ddbde9 100644
--- a/library/core/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
+++ b/library/core/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
@@ -24,13 +24,13 @@ public interface ExoPlayerLibraryInfo {
    * The version of the library expressed as a string, for example "1.2.3".
    */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION_INT) or vice versa.
-  String VERSION = "2.4.0";
+  String VERSION = "2.4.1";
 
   /**
    * The version of the library expressed as {@code "ExoPlayerLib/" + VERSION}.
    */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  String VERSION_SLASHY = "ExoPlayerLib/2.4.0";
+  String VERSION_SLASHY = "ExoPlayerLib/2.4.1";
 
   /**
    * The version of the library expressed as an integer, for example 1002003.
@@ -40,7 +40,7 @@ public interface ExoPlayerLibraryInfo {
    * integer version 123045006 (123-045-006).
    */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  int VERSION_INT = 2004000;
+  int VERSION_INT = 2004001;
 
   /**
    * Whether the library was compiled with {@link com.google.android.exoplayer2.util.Assertions}