diff --git a/NEWS b/NEWS
index 46daa092..5b87b3a9 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,15 @@
+- 12/23/2020: version 1.2.0
+  * API changes:
+    - libwebp:
+      encode.h: add a qmin / qmax range for quality factor (cwebp adds -qrange)
+  * lossless encoder improvements
+  * SIMD support for Wasm builds
+  * add xcframeworkbuild.sh, supports Mac Catalyst builds
+  * import fuzzers from oss-fuzz & chromium (#409)
+  * webpmux: add an '-set loop <value>' option (#494)
+  * toolchain updates and bug fixes (#449, #463, #470, #475, #477, #478, #479,
+    #488, #491)
+
 - 12/18/2019: version 1.1.0
   * API changes:
     - libwebp: