diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index f4e73cd63c..5e2f914754 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -2,6 +2,10 @@
 
 ### dev-v2 (not yet released)
 
+*   New release notes go here!
+
+### 2.13.0 (not yet released - targeted for 2021-02-TBD)
+
 *   Core library:
     *   Remove long deprecated symbols:
         *   `AdaptiveMediaSourceEventListener`. Use `MediaSourceEventListener`
diff --git a/constants.gradle b/constants.gradle
index 7678beeb01..bb775e7050 100644
--- a/constants.gradle
+++ b/constants.gradle
@@ -13,8 +13,8 @@
 // limitations under the License.
 project.ext {
     // ExoPlayer version and version code.
-    releaseVersion = '2.12.3'
-    releaseVersionCode = 2012003
+    releaseVersion = '2.13.0'
+    releaseVersionCode = 2013000
     minSdkVersion = 16
     appTargetSdkVersion = 29
     targetSdkVersion = 28 // TODO: Bump once b/143232359 is resolved. Also fix TODOs in UtilTest.
diff --git a/library/common/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java b/library/common/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
index 94cbe24033..21f352590c 100644
--- a/library/common/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
+++ b/library/common/src/main/java/com/google/android/exoplayer2/ExoPlayerLibraryInfo.java
@@ -30,11 +30,11 @@ public final class 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.
-  public static final String VERSION = "2.12.3";
+  public static final String VERSION = "2.13.0";
 
   /** The version of the library expressed as {@code "ExoPlayerLib/" + VERSION}. */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  public static final String VERSION_SLASHY = "ExoPlayerLib/2.12.3";
+  public static final String VERSION_SLASHY = "ExoPlayerLib/2.13.0";
 
   /**
    * The version of the library expressed as an integer, for example 1002003.
@@ -44,7 +44,7 @@ public final class ExoPlayerLibraryInfo {
    * integer version 123045006 (123-045-006).
    */
   // Intentionally hardcoded. Do not derive from other constants (e.g. VERSION) or vice versa.
-  public static final int VERSION_INT = 2012003;
+  public static final int VERSION_INT = 2013000;
 
   /**
    * The default user agent for requests made by the library.