diff --git a/_scmsync.obsinfo b/_scmsync.obsinfo
index 31357fd..303b12a 100644
--- a/_scmsync.obsinfo
+++ b/_scmsync.obsinfo
@@ -1,4 +1,4 @@
-mtime: 1731109732
-commit: 5a0febbb3ca531d8c8d7963fa59038df0c79c05352183dacfb305f23e61b1230
+mtime: 1735689490
+commit: 18a842b8acf36fdabce27bd0c2a7db0d9dc37aed1128c51ffef3bd3959e838cd
 url: https://src.opensuse.org/jengelh/libwebp
 revision: master
diff --git a/build.specials.obscpio b/build.specials.obscpio
index c1bbf35..e3f26f2 100644
--- a/build.specials.obscpio
+++ b/build.specials.obscpio
@@ -1,3 +1,3 @@
 version https://git-lfs.github.com/spec/v1
-oid sha256:e5872a2635e3b3b8f9e67781098f08bdeb8cb39a6b3a67801ce39bfe13e2727a
+oid sha256:2cee98c5e378d58bc0128d7cab6e01eb35fe8882573cdb37620ec28ab020385d
 size 256
diff --git a/libwebp-1.4.0.tar.gz b/libwebp-1.4.0.tar.gz
deleted file mode 100644
index b389b4e..0000000
--- a/libwebp-1.4.0.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:61f873ec69e3be1b99535634340d5bde750b2e4447caa1db9f61be3fd49ab1e5
-size 4281370
diff --git a/libwebp-1.4.0.tar.gz.asc b/libwebp-1.4.0.tar.gz.asc
deleted file mode 100644
index 7062058..0000000
--- a/libwebp-1.4.0.tar.gz.asc
+++ /dev/null
@@ -1,16 +0,0 @@
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diff --git a/libwebp-1.5.0.tar.gz b/libwebp-1.5.0.tar.gz
new file mode 100644
index 0000000..eb20662
--- /dev/null
+++ b/libwebp-1.5.0.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:7d6fab70cf844bf6769077bd5d7a74893f8ffd4dfb42861745750c63c2a5c92c
+size 4267494
diff --git a/libwebp-1.5.0.tar.gz.asc b/libwebp-1.5.0.tar.gz.asc
new file mode 100644
index 0000000..281c618
--- /dev/null
+++ b/libwebp-1.5.0.tar.gz.asc
@@ -0,0 +1,16 @@
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diff --git a/libwebp.changes b/libwebp.changes
index 550a639..d9d3f83 100644
--- a/libwebp.changes
+++ b/libwebp.changes
@@ -1,3 +1,18 @@
+-------------------------------------------------------------------
+Tue Dec 31 23:56:38 UTC 2024 - Jan Engelhardt <jengelh@inai.de>
+
+- Update to release 1.5.0
+  * API changes: `cross_color_transform_bits` added to WebPAuxStats
+  * Minor lossless encoder speed and compression improvements
+  * Lossless encoding does not use floats anymore
+  * Additional ARM optimizations for lossy & lossless + general
+    code generation improvements
+  * Tool updates:
+  * gif2webp: added -sharp_yuv & -near_lossless
+  * img2webp: added -exact & -noexact
+  * Exit codes normalized; running an example program with no
+    arguments will output its help and exit with an error.
+
 -------------------------------------------------------------------
 Sat Nov  9 20:45:59 UTC 2024 - Marcus Rueckert <mrueckert@suse.de>
 
diff --git a/libwebp.spec b/libwebp.spec
index b4fd5de..6be350c 100644
--- a/libwebp.spec
+++ b/libwebp.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package libwebp
 #
-# 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
@@ -17,7 +17,7 @@
 
 
 Name:           libwebp
-Version:        1.4.0
+Version:        1.5.0
 Release:        0
 Summary:        Library and tools for the WebP graphics format
 License:        BSD-3-Clause
@@ -147,18 +147,12 @@ images more efficiently.
 %cmake_install
 find "%buildroot" -type f -name "*.la" -delete -print
 
-%post   -n libwebp7 -p /sbin/ldconfig
-%postun -n libwebp7 -p /sbin/ldconfig
-%post   -n libwebpdemux2 -p /sbin/ldconfig
-%postun -n libwebpdemux2 -p /sbin/ldconfig
-%post   -n libwebpmux3 -p /sbin/ldconfig
-%postun -n libwebpmux3 -p /sbin/ldconfig
-%post   -n libwebpdecoder3 -p /sbin/ldconfig
-%postun -n libwebpdecoder3 -p /sbin/ldconfig
-%post   -n libsharpyuv0 -p /sbin/ldconfig
-%postun -n libsharpyuv0 -p /sbin/ldconfig
-%post   -n libwebpextras0 -p /sbin/ldconfig
-%postun -n libwebpextras0 -p /sbin/ldconfig
+%ldconfig_scriptlets -n libwebp7
+%ldconfig_scriptlets -n libwebpdemux2
+%ldconfig_scriptlets -n libwebpmux3
+%ldconfig_scriptlets -n libwebpdecoder3
+%ldconfig_scriptlets -n libsharpyuv0
+%ldconfig_scriptlets -n libwebpextras0
 
 %files -n libwebp-tools
 %_bindir/*