diff --git a/_service b/_service
index 623f696..aa6cd62 100644
--- a/_service
+++ b/_service
@@ -9,7 +9,7 @@
 <!--
     <param name="changesgenerate">enable</param>
 -->
-    <param name="revision">1.18.2</param>
+    <param name="revision">1.18.3</param>
     <param name="scm">git</param>
   </service>
   <service name="recompress" mode="disabled">
diff --git a/gstreamer-1.18.2.tar.xz b/gstreamer-1.18.2.tar.xz
deleted file mode 100644
index 870b97b..0000000
--- a/gstreamer-1.18.2.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:ecb29bcb648a3f8a5429d142e02d41c9857729c2a377dd0ec73b4b11090a5226
-size 2687440
diff --git a/gstreamer-1.18.3.tar.xz b/gstreamer-1.18.3.tar.xz
new file mode 100644
index 0000000..58c9040
--- /dev/null
+++ b/gstreamer-1.18.3.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:6e2f635c0cbb86612f690d724fb64f750b377f2fe2755af93f8a3272a25fce7f
+size 2689760
diff --git a/gstreamer.changes b/gstreamer.changes
index f3c477b..1ba1e26 100644
--- a/gstreamer.changes
+++ b/gstreamer.changes
@@ -1,3 +1,27 @@
+-------------------------------------------------------------------
+Sat Jan 16 19:01:46 UTC 2021 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 1.18.3:
+  + Highlighted bugfixes:
+    - Fix ogg playback regression for ogg files that also have ID3
+      or APE tags
+    - compositor: fix artefacts and invalid memory access when
+      blending subsampled formats
+    - Exported mini object ref/unref/copy functions for use in
+      bindings such as gstreamer-sharp
+    - Add support for Apple silicon (M1) to cerbero package builder
+    - Ship RIST plugin in binary packages
+    - Various stability, performance and reliability improvements
+    - Memory leak fixes
+    - Build fixes
+  + gstreamer:
+    - gst: Add non-inline ref/unref/copy/replace methods for
+      various mini objects (buffer, bufferlist, caps, context,
+      event, memory, message, promise, query, sample, taglist, uri)
+      for use in bindings such as gstreamer-sharp.
+    - harness: don't use GST_DEBUG_OBJECT with GstHarness which is
+      not a GObject.
+
 -------------------------------------------------------------------
 Wed Dec 30 15:46:28 UTC 2020 - Frederic Crozat <fcrozat@suse.com>
 
diff --git a/gstreamer.spec b/gstreamer.spec
index 8a09b29..a048316 100644
--- a/gstreamer.spec
+++ b/gstreamer.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package gstreamer
 #
-# Copyright (c) 2020 SUSE LLC
+# Copyright (c) 2021 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:        1.18.2
+Version:        1.18.3
 Release:        0
 Summary:        Streaming-Media Framework Runtime
 License:        LGPL-2.1-or-later