diff --git a/media-libs/libwebp/libwebp-1.0.3.recipe b/media-libs/libwebp/libwebp-1.1.0.recipe
similarity index 95%
rename from media-libs/libwebp/libwebp-1.0.3.recipe
rename to media-libs/libwebp/libwebp-1.1.0.recipe
index 6b5bad050..6dac789f6 100644
--- a/media-libs/libwebp/libwebp-1.0.3.recipe
+++ b/media-libs/libwebp/libwebp-1.1.0.recipe
@@ -11,9 +11,9 @@ channels."
 HOMEPAGE="https://developers.google.com/speed/webp"
 COPYRIGHT="2011 Google Inc."
 LICENSE="BSD (3-clause)"
-REVISION="2"
+REVISION="1"
 SOURCE_URI="http://downloads.webmproject.org/releases/webp/libwebp-$portVersion.tar.gz"
-CHECKSUM_SHA256="e20a07865c8697bba00aebccc6f54912d6bc333bb4d604e6b07491c1a226b34f"
+CHECKSUM_SHA256="98a052268cc4d5ece27f76572a7f50293f439c17a98e67c4ea0c7ed6f50ef043"
 
 ARCHITECTURES="x86_gcc2 x86 x86_64"
 SECONDARY_ARCHITECTURES="x86_gcc2 x86"
@@ -24,10 +24,10 @@ webpLibs="\
 	libwebpdemux \
 	libwebpmux \
 	"
-libwebpVersion="7.0.5"
-libwebpdecoderVersion="3.0.5"
+libwebpVersion="7.1.0"
+libwebpdecoderVersion="3.1.0"
 libwebpdemuxVersion="2.0.6"
-libwebpmuxVersion="3.0.4"
+libwebpmuxVersion="3.0.5"
 for i in $webpLibs; do
 	eval "${i}VersionCompat=\"\$${i}Version compat >= \${${i}Version%%.*}\""
 done