diff --git a/NEWS b/NEWS
index 9a47d0067..a15d37fbb 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,14 @@
+3.16.0
+======
+* wayland: Don't skip notifying about initial maximized state [Jonas; #745303]
+
+Contributors:
+  Jonas Ådahl
+
+Translations:
+  Kjartan Maraas [nb], Jiri Grönroos [fi], Andika Triwidada [id],
+  Inaki Larranaga Murgoitio [eu], Ask H. Larsen [da], Muhammet Kara [tr]
+
 3.15.92
 =======
 * Ensure pointer visibility on monitor changes [Rui, Marek; #745121, #745752]
diff --git a/configure.ac b/configure.ac
index 7d3761907..e6e8d97f5 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,8 +1,8 @@
 AC_PREREQ(2.62)
 
 m4_define([mutter_major_version], [3])
-m4_define([mutter_minor_version], [15])
-m4_define([mutter_micro_version], [92])
+m4_define([mutter_minor_version], [16])
+m4_define([mutter_micro_version], [0])
 
 m4_define([mutter_version],
           [mutter_major_version.mutter_minor_version.mutter_micro_version])