diff --git a/SVT-AV1-v1.0.0.tar.gz b/SVT-AV1-v1.0.0.tar.gz
deleted file mode 100644
index e8d151c..0000000
--- a/SVT-AV1-v1.0.0.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:84030ef7f33645ddfcdd2dc8a08277e49f3c4297fc53711958060c8ce51dc22d
-size 9870079
diff --git a/SVT-AV1-v1.2.0.tar.gz b/SVT-AV1-v1.2.0.tar.gz
new file mode 100644
index 0000000..05f5f25
--- /dev/null
+++ b/SVT-AV1-v1.2.0.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:57aa48d6602d5f57b857d6eb89bb349e76c7b7aa9a70e681508dd137a0cc274c
+size 10193215
diff --git a/SVT-AV1.changes b/SVT-AV1.changes
index af6b7d0..57f8559 100644
--- a/SVT-AV1.changes
+++ b/SVT-AV1.changes
@@ -1,3 +1,31 @@
+-------------------------------------------------------------------
+Wed Aug  3 15:07:11 UTC 2022 - Jan Engelhardt <jengelh@inai.de>
+
+- Update to release 1.2.0
+  * TPL tradeoff optimizations for 4L pred structure
+  * Quality-vs-cycles tradeoff improvements across all presets
+  * Add ability to force key_frame positions through ffmpeg for
+    CRF mode
+  * Minimize the quality impact of fast-decode while maintaining
+    the decoder speedup
+  * AVX2 optimizations for low delay mode
+  * Improve CRF preset tradeoffs for both the default and
+    fast-decode modes
+  * Improve the SSIM-based tradeoffs of the presets without
+    impacting those of PSNR / VMAF
+  * Improve CBR mode by enhancing the bit-distribution within the
+    GOP
+  * Added support for reference frame scaling
+  * Added support for quantization matrices
+  * AVX2 optimizations for low-delay mode
+  * TPL-based VBR mode improvements
+  * Improved Chroma RDOQ
+  * Improve TPL QP Scaling
+  * Add length info to ivf header
+  * Fix support for metadata pass-through
+  * Add ability to specify Chroma and Luma qindex offsets
+    independently on top of CRF qp assignments
+
 -------------------------------------------------------------------
 Fri Apr 22 21:47:04 UTC 2022 - Jan Engelhardt <jengelh@inai.de>
 
diff --git a/SVT-AV1.spec b/SVT-AV1.spec
index 08d5991..436d954 100644
--- a/SVT-AV1.spec
+++ b/SVT-AV1.spec
@@ -17,7 +17,7 @@
 
 
 Name:           SVT-AV1
-Version:        1.0.0
+Version:        1.2.0
 Release:        0
 Summary:        An AV1 decoder/encoder for video streams
 License:        BSD-3-Clause-Clear