diff --git a/nbdkit.spec b/nbdkit.spec
index 324e36b..fbde5bd 100644
--- a/nbdkit.spec
+++ b/nbdkit.spec
@@ -42,11 +42,11 @@ ExclusiveArch:  x86_64
 %global patches_touch_autotools 1
 
 # The source directory.
-%global source_directory 1.23-development
+%global source_directory 1.24-stable
 
 Name:           nbdkit
-Version:        1.23.13
-Release:        2%{?dist}
+Version:        1.24.0
+Release:        1%{?dist}
 Summary:        NBD server
 
 License:        BSD
@@ -1266,6 +1266,9 @@ export LIBGUESTFS_TRACE=1
 
 
 %changelog
+* Thu Jan 07 2021 Richard W.M. Jones <rjones@redhat.com> - 1.24.0-1
+- New upstream version 1.24.0.
+
 * Thu Jan 07 2021 Mamoru TASAKA <mtasaka@fedoraproject.org> - 1.23.13-2
 - F-34: rebuild against ruby 3.0
 
diff --git a/sources b/sources
index d4b982e..bffaaa7 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (nbdkit-1.23.13.tar.gz) = be93585c465cea59fe0ff7ad8486db20381ca18017c8bfe668d0fe6ef6678fcd766b50e5f789f9e02991e0d9813169690e327b6e379b56972a9371f89c36c151
-SHA512 (nbdkit-1.23.13.tar.gz.sig) = 9576a26dbeebe4787228efce3362e08d64c2c92595ab00a047c8950f88bcfe0202429f59374831b2e6786ecd54361e0653e2a80b959cd187c6a4816515496282
+SHA512 (nbdkit-1.24.0.tar.gz) = cef2976163856b0c46148f9953764ed9ddf59fd2644380375ab34b7a10e981c3bebf892b63771b20a4a34f6ffb59d80f46204a38aa9fd0cd9fef82ff098b35d8
+SHA512 (nbdkit-1.24.0.tar.gz.sig) = 71888a984f3dcb73b87903a9e56bf5a6c6f8114907cb092185e0e3d44ce0406ae62e9671de87fd000f72f73fe732f23c69cdbb2eafa496884846a39fc70f90fa