diff --git a/gstreamer-1.24.10.tar.xz b/gstreamer-1.24.10.tar.xz
deleted file mode 100644
index a4fb5d0..0000000
--- a/gstreamer-1.24.10.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:9fc45b1a332e8f812f09e95c281cd75969f6d1682d062a815db0e7bc047518fd
-size 1870200
diff --git a/gstreamer-1.24.12.tar.xz b/gstreamer-1.24.12.tar.xz
new file mode 100644
index 0000000..30440cf
--- /dev/null
+++ b/gstreamer-1.24.12.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:b3522d1b4fe174fff3b3c7f0603493e2367bd1c43f5804df15b634bd22b1036f
+size 1873544
diff --git a/gstreamer.changes b/gstreamer.changes
index 39311cc..a84c9aa 100644
--- a/gstreamer.changes
+++ b/gstreamer.changes
@@ -1,3 +1,80 @@
+-------------------------------------------------------------------
+Sun Feb  2 18:20:27 UTC 2025 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 1.24.12:
+  + Highlighted bugfixes:
+    - d3d12: Fix shaders failing to compile with newer dxc versions
+    - decklinkvideosink: Fix handling of caps framerate in auto
+      mode; also a decklinkaudiosink fix
+    - devicemonitor: Fix potential crash macOS when a device is
+      unplugged
+    - gst-libav: Fix crash in audio encoders like avenc_ac3 if
+      input data has insufficient alignment
+    - gst-libav: Fix build against FFmpeg 4.2 as in Ubuntu 20.04
+    - gst-editing-services: Fix Python library name fetching on
+      Windows
+    - netclientclock: Don't store failed internal clocks in the
+      cache, so applications can re-try later
+    - oggdemux: Seeking and duration fixes
+    - osxaudiosrc: Fixes for failing init/no output on recent iOS
+      versions
+    - qtdemux: Use mvhd transform matrix and support for flipping
+    - rtpvp9pay: Fix profile parsing
+    - splitmuxsrc: Fix use with decodebin3 which would occasionally
+      fail with an assertion when seeking
+    - tsdemux: Fix backwards PTS wraparound detection with
+      ignore-pcr=true
+    - video-overlay-composition: Declare the video/size/orientation
+      tags for the meta and implement scale transformations
+    - vtdec: Fix seeks occasionally hanging on macOS due to a race
+      condition when draining
+    - webrtc: Fix duplicate payload types with RTX and multiple
+      video codecs
+    - win32-pluginoader: Make sure not to create any windows when
+      inspecting plugins
+    - wpe: Various fixes for re-negotiation, latency reporting,
+      progress messages on startup
+    - x264enc: Add missing data to AvcDecoderConfigurationRecord in
+      codec_data for high profile variants
+    - cerbero: Support using ccache with cmake if enabled
+    - Various bug fixes, build fixes, memory leak fixes, and other
+      stability and reliability improvements
+  + gstreamer:
+    - device: Fix racy nullptr deref on macOS when a device is
+      unplugged
+    - iterator: Added error handling to filtered iterators
+    - netclientclock: Don't ever store failed internal clocks in
+      the cache
+    - netclock-replay: use gst_c_args when building, fixing build
+      failure on Solaris
+    - pluginloader-win32: create no window
+    - pluginloader-win32: fix use after free in
+      find_helper_bin_location
+    - sparsefile: ensure error is set when read_buffer() returns 0
+    - basetransform: fix incorrect logging inside
+      gst_base_transform_query_caps
+
+-------------------------------------------------------------------
+Tue Jan  7 21:37:06 UTC 2025 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 1.24.11:
+  + Highlighted bugfixes:
+    - playback: Fix SSA/ASS subtitles with embedded fonts
+    - decklink: add missing video modes and fix 8K video modes
+    - matroskamux: spec compliance fixes for audio-only files
+    - onnx: disable onnxruntime telemetry
+    - qtdemux: Fix base offset update when doing segment seeks
+    - srtpdec: Fix a use-after-free issue
+    - (uri)decodebin3: Fix stream change scenarios, possible
+      deadlock on shutdown
+    - video: fix missing alpha flag in AV12 format description
+    - avcodecmap: Add some more channel position mappings
+    - cerbero bootstrap fixes for Windows 11
+    - Various bug fixes, build fixes, memory leak fixes, and other
+      stability and reliability improvements
+  + gstreamer:
+    - No changes.
+
 -------------------------------------------------------------------
 Mon Dec  9 11:49:13 UTC 2024 - Bjørn Lie <bjorn.lie@gmail.com>
 
diff --git a/gstreamer.spec b/gstreamer.spec
index 809f4cd..efd8c48 100644
--- a/gstreamer.spec
+++ b/gstreamer.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package gstreamer
 #
-# Copyright (c) 2024 SUSE LLC
+# Copyright (c) 2025 SUSE LLC
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -19,7 +19,7 @@
 %define gst_branch 1.0
 
 Name:           gstreamer
-Version:        1.24.10
+Version:        1.24.12
 Release:        0
 Summary:        Streaming-Media Framework Runtime
 License:        LGPL-2.1-or-later