diff --git a/pkgs/development/libraries/libplacebo/default.nix b/pkgs/development/libraries/libplacebo/default.nix
index 5759d9bed505b..0efcb6d460ece 100644
--- a/pkgs/development/libraries/libplacebo/default.nix
+++ b/pkgs/development/libraries/libplacebo/default.nix
@@ -20,14 +20,14 @@
 
 stdenv.mkDerivation rec {
   pname = "libplacebo";
-  version = "6.338.2";
+  version = "7.349.0";
 
   src = fetchFromGitLab {
     domain = "code.videolan.org";
     owner = "videolan";
     repo = pname;
     rev = "v${version}";
-    hash = "sha256-gE6yKnFvsOFh8bFYc7b+bS+zmdDU7jucr0HwhdDeFzU=";
+    hash = "sha256-mIjQvc7SRjE1Orb2BkHK+K1TcRQvzj2oUOCUT4DzIuA=";
   };
 
   nativeBuildInputs = [