diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4f97042d27..c3a3f6a9fd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+### [3.1.6](https://github.com/google/shaka-player/compare/v3.1.5...v3.1.6) (2022-02-17)
+
+
+### Bug Fixes
+
+* Add explicit release() for FakeEventTarget ([#3950](https://github.com/google/shaka-player/issues/3950)) ([9119535](https://github.com/google/shaka-player/commit/9119535fb37fd888f07ae24e4848c5f4262b2e6f))
+* Fix download of some HLS assets ([#3934](https://github.com/google/shaka-player/issues/3934)) ([b20dadb](https://github.com/google/shaka-player/commit/b20dadb7f367f0dc446094b23870d44a3ddb2416))
+* Fix exception in StreamingEngine for EMSG with HLS ([#3887](https://github.com/google/shaka-player/issues/3887)) ([02030bf](https://github.com/google/shaka-player/commit/02030bf4ba7e2b14bf61bbc8d1f79f4751d69551)), closes [#3886](https://github.com/google/shaka-player/issues/3886)
+* Fix memory leak in DASH live streams with inband EventStream ([#3957](https://github.com/google/shaka-player/issues/3957)) ([4389aeb](https://github.com/google/shaka-player/commit/4389aeb5212a621651741629df6d457d37dbf075))
+* **HLS:** skip whitespace in attributes ([#3884](https://github.com/google/shaka-player/issues/3884)) ([fda4b80](https://github.com/google/shaka-player/commit/fda4b8046e6ce5081c58c1be8150f095010df54c))
+
 ## 3.1.5 (2022-01-28)
 
 Bugfixes:
@@ -4500,4 +4511,3 @@ Broken Compatibility:
 ## 0.1b (2014-11-21)
 
 Private beta release.
-
diff --git a/lib/player.js b/lib/player.js
index fb0560b1a4..4f225a51e3 100644
--- a/lib/player.js
+++ b/lib/player.js
@@ -6118,7 +6118,7 @@ shaka.Player.TYPICAL_BUFFERING_THRESHOLD_ = 0.5;
  * @define {string} A version number taken from git at compile time.
  * @export
  */
-shaka.Player.version = 'v3.1.5-uncompiled';  // x-release-please-version
+shaka.Player.version = 'v3.1.6';  // x-release-please-version
 
 // Initialize the deprecation system using the version string we just set
 // on the player.
diff --git a/package-lock.json b/package-lock.json
index c4b8d89ab2..a9a430e7c7 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "shaka-player",
-  "version": "3.1.5",
+  "version": "3.1.6",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "shaka-player",
-      "version": "3.1.5",
+      "version": "3.1.6",
       "license": "Apache-2.0",
       "dependencies": {
         "eme-encryption-scheme-polyfill": "^2.0.3"
diff --git a/package.json b/package.json
index 149c6c0802..f0afad25e0 100644
--- a/package.json
+++ b/package.json
@@ -1,7 +1,7 @@
 {
   "name": "shaka-player",
   "description": "DASH/EME video player library",
-  "version": "3.1.5",
+  "version": "3.1.6",
   "homepage": "https://github.com/google/shaka-player",
   "author": "Google",
   "maintainers": [