diff --git a/CHANGELOG.md b/CHANGELOG.md
index 58a36246ba..c4c98d1a30 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## [Unreleased]
+## [1.2.3]
 
 - [[#422](https://git.platypush.tech/platypush/platypush/issues/422)]: adapted
   media plugins to support streaming from the yt-dlp process. This allows
diff --git a/platypush/__init__.py b/platypush/__init__.py
index ecec6d5f59..39f064e15e 100644
--- a/platypush/__init__.py
+++ b/platypush/__init__.py
@@ -21,7 +21,7 @@ from .utils import run
 # see https://git.platypush.tech/platypush/platypush/issues/399
 when = hook
 
-__version__ = '1.2.2'
+__version__ = '1.2.3'
 __author__ = 'Fabio Manganiello <fabio@manganiello.tech>'
 __all__ = [
     'Application',
diff --git a/pyproject.toml b/pyproject.toml
index f74f8b5167..93b2470b9a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -50,7 +50,7 @@ include = [
 ]
 
 [tool.bumpversion]
-current_version = "1.2.2"
+current_version = "1.2.3"
 commit = true
 tag = true
 
diff --git a/version.py b/version.py
index bc86c944fe..10aa336ce0 100644
--- a/version.py
+++ b/version.py
@@ -1 +1 @@
-__version__ = "1.2.2"
+__version__ = "1.2.3"