diff --git a/package.json b/package.json
index 56c913a1..68cb4a77 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@edx/studio-frontend",
-  "version": "0.4.0",
+  "version": "0.5.0",
   "description": "The frontend for the Open edX platform",
   "repository": "edx/studio-frontend",
   "scripts": {