diff --git a/.github/.release-please-manifest.json b/.github/.release-please-manifest.json
index c3f1463..895bf0e 100644
--- a/.github/.release-please-manifest.json
+++ b/.github/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.2.0"
+  ".": "2.0.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7c042b8..830fb49 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,17 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [2.0.0](https://github.com/deepgram/deepgram-python-captions/compare/v1.2.0...v2.0.0) (2026-03-29)
+
+
+### ⚠ BREAKING CHANGES
+
+* webvtt() and srt() now raise EmptyTranscriptException when the converter returns no lines; previously returned an empty string.
+
+### Features
+
+* modernise project to current Deepgram Python standards ([#20](https://github.com/deepgram/deepgram-python-captions/issues/20)) ([0c6e563](https://github.com/deepgram/deepgram-python-captions/commit/0c6e5637cc65cc3f3fc72ffcf511aa8c237dfd0a))
+
 ## [1.2.0] - 2024-03-15
 
 ### Added
diff --git a/pyproject.toml b/pyproject.toml
index fde4008..ae3d946 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "deepgram-captions"
-version = "1.2.0"
+version = "2.0.0"
 description = "Official Python library for generating WebVTT and SRT captions from Deepgram and other speech-to-text API responses"
 readme = "README.md"
 license = "MIT"