diff --git a/NEWS b/NEWS
index 1294dc52caf5fd4f373aec53c455a9c349c3294f..302a2f78e9df1a7cccf9b035617bdc0ac2c9c746 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,18 @@
+Changes for 0.8.0 'Eurasian hobby":
+-----------------------------------
+
+0.8.0 is a major update for dav1d:
+ - Improve the performance by using a picture buffer pool;
+   The improvements can reach 10% on some cases on Windows.
+ - Support for Apple ARM Silicon
+ - ARM32 optimizations for 8bit bitdepth for ipred paeth, smooth, cfl
+ - ARM32 optimizations for 10/12/16bit bitdepth for mc_avg/mask/w_avg,
+   put/prep 8tap/bilin, wiener and CDEF filters
+ - ARM64 optimizations for cfl_ac 444 for all bitdepths
+ - x86 optimizations for MC 8-tap, mc_scaled in AVX2
+ - x86 optimizations for CDEF in SSE and {put/prep}_{8tap/bilin} in SSSE3
+
+
 Changes for 0.7.1 'Frigatebird':
 ------------------------------
 
diff --git a/meson.build b/meson.build
index 4b72388ada56beb657c4b43541886d180fa27270..8c936fd5df3164aab3fd93f2556ab117b8400006 100644
--- a/meson.build
+++ b/meson.build
@@ -23,7 +23,7 @@
 # SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
 project('dav1d', ['c'],
-    version: '0.7.1',
+    version: '0.8.0',
     default_options: ['c_std=c99',
                       'warning_level=2',
                       'buildtype=release',