diff --git a/mopidy/__init__.py b/mopidy/__init__.py
index 11293446..26e5b904 100644
--- a/mopidy/__init__.py
+++ b/mopidy/__init__.py
@@ -8,7 +8,7 @@ from subprocess import PIPE, Popen
 
 import glib
 
-__version__ = '0.7.3'
+__version__ = '0.8.0'
 
 DATA_PATH = os.path.join(str(glib.get_user_data_dir()), 'mopidy')
 CACHE_PATH = os.path.join(str(glib.get_user_cache_dir()), 'mopidy')
diff --git a/tests/version_test.py b/tests/version_test.py
index 85b182f0..c3eb00c1 100644
--- a/tests/version_test.py
+++ b/tests/version_test.py
@@ -27,8 +27,9 @@ class VersionTest(unittest.TestCase):
         self.assert_(SV('0.6.1') < SV('0.7.0'))
         self.assert_(SV('0.7.0') < SV('0.7.1'))
         self.assert_(SV('0.7.1') < SV('0.7.2'))
-        self.assert_(SV('0.7.2') < SV(__version__))
-        self.assert_(SV(__version__) < SV('0.8.0'))
+        self.assert_(SV('0.7.2') < SV('0.7.3'))
+        self.assert_(SV('0.7.3') < SV(__version__))
+        self.assert_(SV(__version__) < SV('0.8.1'))
 
     def test_get_platform_contains_platform(self):
         self.assertIn(platform.platform(), get_platform())