diff --git a/RELEASE_NOTES b/RELEASE_NOTES
index b9cd822b34..1798981258 100644
--- a/RELEASE_NOTES
+++ b/RELEASE_NOTES
@@ -1,3 +1,44 @@
+Release 0.35.1
+==============
+
+Bug fix release for the 0.35 branch.
+
+Fixes and Minor Enhancements
+----------------------------
+
+- ao_pipewire: log version and other useful debug info
+- wayland: error out if essential protocol support is missing
+- wayland: also log refresh rate on surface entrance
+- vo_gpu_next: fix undefined behavior on alpha-first formats
+- meson: prepend MPV_CONFDIR path with prefix
+- meson: unbreak dl check on BSDs without libdl
+- lcms: fix crash with lcms2-related options if lcms is disabled
+- meson: fix stdatomic detection on bsd
+- osc: don't spam window-controls bindings on every render
+- wayland: check for resize/move in touch event first
+- ao_coreaudio: use device's nominal sample rate for latency properties
+- ao_pipewire: properly clean up resources
+- filter_kernels: fix kaiser
+- hwdec/d3d11va: fix a possible memory leak
+- external_files: set log level for potential files to trace
+- vo_opengl: do not blindly reject all Microsoft's OpenGL implementations
+- ao_coreaudio: use AudioUnitReset as ao_driver.reset to prevent long restart
+- hwdec_drmprime: fix memory leak
+- vo: hwdec: fix libdrm-related memory leak
+- draw_bmp: ensure last slice width is less than total width
+- wayland: dispatch and wait for compositor events in uninit
+- demux: boost read EBU R128 gain values to ReplayGain's reference level
+- version.py/version.sh: bump copyright year
+- vulkan: fix build error for 32bit builds with clang
+- vo_wlshm: cleanup on failure
+- ra_d3d11: fix incorrect type
+- meson: also search for rst2html with .py extension
+- audio: fix crash during uninit with ao_lavc
+- mp_image: fix XYZ primaries default
+- vd_lavc: add "auto" choice for vd-lavc-dr
+- vo: implement VO_DR_FLAG_HOST_CACHED
+- x11: fix issue with xpresent timing feedback
+
 Release 0.35.0
 ==============
 
@@ -149,7 +190,7 @@ This listing is not complete. Check DOCS/client-api-changes.rst for a history
 of changes to the client API, and DOCS/interface-changes.rst for a history
 of changes to other user-visible interfaces.
 
-A complete changelog can be seen by running `git log v0.34.0..v0.35.0`
+A complete changelog can be seen by running `git log v0.34.0..v0.35.1`
 in the git repository or by visiting either
-https://github.com/mpv-player/mpv/compare/v0.34.0...v0.35.0 or
-https://git.srsfckn.biz/mpv/log/?qt=range&q=v0.34.0..v0.35.0
+https://github.com/mpv-player/mpv/compare/v0.34.0...v0.35.1 or
+https://git.srsfckn.biz/mpv/log/?qt=range&q=v0.34.0..v0.35.1
diff --git a/VERSION b/VERSION
index 7b52f5e517..731b95d7fc 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.35.0
+0.35.1