diff --git a/README.md b/README.md
index 4dce860..224be0f 100644
--- a/README.md
+++ b/README.md
@@ -18,7 +18,7 @@ The package can be installed by adding `jellyfish_server_sdk` to your list of de
 ```elixir
 def deps do
   [
-    {:jellyfish_server_sdk, "~> 0.3.0"}
+    {:jellyfish_server_sdk, "~> 0.4.0"}
   ]
 end
 ```
diff --git a/mix.exs b/mix.exs
index 51558d5..374a3d1 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Membrane.Template.Mixfile do
   use Mix.Project
 
-  @version "0.3.0"
+  @version "0.4.0"
   @github_url "https://github.com/jellyfish-dev/elixir_server_sdk"
   @homepage_url "https://membrane.stream"