diff --git a/RELEASE.rst b/RELEASE.rst
index ca7bb3082..77450f88e 100644
--- a/RELEASE.rst
+++ b/RELEASE.rst
@@ -1,6 +1,14 @@
 Release Notes
 =============
 
+Version 1.124.0 (Released February 04, 2025)
+---------------
+
+- Update dependency rimraf to v6 (#1452)
+- Update dependency inquirer to v12 (#1463)
+- Update dependency sinon to v19 (#1454)
+- Update actions/upload-artifact action to v4 (#1352)
+
 Version 1.123.3 (Released February 03, 2025)
 ---------------
 
diff --git a/package.json b/package.json
index 0930cbf0c..f31eda410 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ocw-hugo-themes",
-  "version": "1.123.3",
+  "version": "1.124.0",
   "description": "A Hugo theme for building OCW websites",
   "repository": "mitodl/ocw-hugo-themes",
   "main": "base-theme/assets/index.js",