diff --git a/README b/README
index f175b1bcd0..fa53f95de1 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-GStreamer 1.5.x development series
+GStreamer 1.7.x development series
 
 WHAT IT IS
 ----------
diff --git a/common b/common
index 9aed1d7a80..b99800a301 160000
--- a/common
+++ b/common
@@ -1 +1 @@
-Subproject commit 9aed1d7a80a38b76f9441ecf181942df99f09c38
+Subproject commit b99800a301ce85262a9e33e17d5a137610375c24