diff --git a/CHANGELOG.md b/CHANGELOG.md
index 513531d9e..cd16c5103 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/)
 and this project adheres to [Semantic Versioning](http://semver.org/).
 
-## [develop]
+## [3.54.0] - 2023-12-28
 
 ### Added
 - Sample PR for testing automated release workflow
diff --git a/package-lock.json b/package-lock.json
index 2fe52e5b2..f3bd7aab8 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "bitmovin-player-ui",
-  "version": "3.53.0",
+  "version": "3.54.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "bitmovin-player-ui",
-      "version": "3.53.0",
+      "version": "3.54.0",
       "license": "MIT",
       "devDependencies": {
         "@inrupt/jest-jsdom-polyfills": "^1.6.0",
diff --git a/package.json b/package.json
index a37fb4c2b..fd09ce476 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "bitmovin-player-ui",
-  "version": "3.53.0",
+  "version": "3.54.0",
   "description": "Bitmovin Player UI Framework",
   "main": "./dist/js/framework/main.js",
   "types": "./dist/js/framework/main.d.ts",