diff --git a/common/shlibs b/common/shlibs
index df747c27329..601f27be648 100644
--- a/common/shlibs
+++ b/common/shlibs
@@ -2670,7 +2670,7 @@ libmill.so.18 libmill-1.14_1
 libges-1.0.so.0 gst1-editing-services-1.6.2_1
 libykneomgr.so.0 libykneomgr-0.1.8_1
 libopenshot-audio.so.10 libopenshot-audio-0.4.0_1
-libopenshot.so.25 libopenshot-0.3.2_1
+libopenshot.so.27 libopenshot-0.4.0_1
 libpqxx-6.3.so libpqxx-6.3.3_1
 libndpi.so.3 ndpi-3.4_1
 libKF5WidgetsAddons.so.5 kwidgetsaddons-5.26.0_1
diff --git a/srcpkgs/libopenshot/template b/srcpkgs/libopenshot/template
index 44c013d0086..2734fbf5bc2 100644
--- a/srcpkgs/libopenshot/template
+++ b/srcpkgs/libopenshot/template
@@ -1,7 +1,7 @@
 # Template file for 'libopenshot'
 pkgname=libopenshot
-version=0.3.2
-revision=3
+version=0.4.0
+revision=1
 build_style=cmake
 # Builds fail with Ruby-2.4.1
 configure_args="-DENABLE_RUBY=OFF -DUSE_SYSTEM_JSONCPP=ON"
@@ -16,7 +16,7 @@ maintainer="Orphaned <orphan@voidlinux.org>"
 license="LGPL-3.0-or-later"
 homepage="https://github.com/OpenShot/libopenshot"
 distfiles="https://github.com/OpenShot/libopenshot/archive/v${version}.tar.gz"
-checksum=58765cfc8aec199814346e97ce31a5618a261260b380670a6fb2bf6f68733638
+checksum=be0e760d81275543f7fbbf87863645748c3fe8aa8f4b5b771ff45a5d026bc9cc
 
 libopenshot-devel_package() {
 	short_desc+=" - development files"