diff --git a/packages/components/psammead-media-player/CHANGELOG.md b/packages/components/psammead-media-player/CHANGELOG.md
index 7cd0937612..f8b84d767b 100644
--- a/packages/components/psammead-media-player/CHANGELOG.md
+++ b/packages/components/psammead-media-player/CHANGELOG.md
@@ -3,6 +3,7 @@
 <!-- prettier-ignore -->
 | Version       | Description                                                                                                                  |
 | ------------- | ---------------------------------------------------------------------------------------------------------------------------- |
+| 2.7.5 | [PR#3238](https://github.com/bbc/psammead/pull/3238) Limit unnecessary re-rendering of canonical media player |
 | 2.7.4 | [PR#3205](https://github.com/bbc/psammead/pull/3205) Removed isRequired from mediaInfo prop as not always required |
 | 2.7.3 | [PR#3151](https://github.com/bbc/psammead/pull/3151) Talos - Bump Dependencies - @bbc/psammead-play-button |
 | 2.7.2 | [PR#3113](https://github.com/bbc/psammead/pull/3113) Added bottom margin padding for live radio audio player  |
diff --git a/packages/components/psammead-media-player/package-lock.json b/packages/components/psammead-media-player/package-lock.json
index 3c9e2d953e..a08d7e2f2e 100644
--- a/packages/components/psammead-media-player/package-lock.json
+++ b/packages/components/psammead-media-player/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "@bbc/psammead-media-player",
-  "version": "2.7.4",
+  "version": "2.7.5",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/packages/components/psammead-media-player/package.json b/packages/components/psammead-media-player/package.json
index db84deb4c6..43585ce7f1 100644
--- a/packages/components/psammead-media-player/package.json
+++ b/packages/components/psammead-media-player/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@bbc/psammead-media-player",
-  "version": "2.7.4",
+  "version": "2.7.5",
   "description": "Provides a media player with optional placeholder",
   "main": "dist/index.js",
   "module": "esm/index.js",
diff --git a/packages/components/psammead-media-player/src/index.jsx b/packages/components/psammead-media-player/src/index.jsx
index 223c593316..92e44a1656 100644
--- a/packages/components/psammead-media-player/src/index.jsx
+++ b/packages/components/psammead-media-player/src/index.jsx
@@ -1,6 +1,7 @@
-import React, { useState } from 'react';
+import React, { useState, memo } from 'react';
 import styled from 'styled-components';
 import { string, bool, oneOf, shape } from 'prop-types';
+import equals from 'ramda/src/equals';
 import {
   GEL_SPACING_DBL,
   GEL_SPACING_QUAD,
@@ -30,7 +31,7 @@ const StyledAudioContainer = styled.div`
   }
 `;
 
-export const CanonicalMediaPlayer = ({
+const CanonicalMediaPlayerComponent = ({
   showPlaceholder,
   placeholderSrc,
   placeholderSrcset,
@@ -76,6 +77,11 @@ export const CanonicalMediaPlayer = ({
   );
 };
 
+// Component receives a "mediaInfo" object prop - this can cause unnecessary
+// re-renders when the object reference changes, but the content is the same.
+// We only rerender if the prevProps and nextProps fail deep equality check
+export const CanonicalMediaPlayer = memo(CanonicalMediaPlayerComponent, equals);
+
 export const AmpMediaPlayer = ({
   placeholderSrcset,
   placeholderSrc,
@@ -107,7 +113,7 @@ export const AmpMediaPlayer = ({
 
 export const MediaMessage = Message;
 
-CanonicalMediaPlayer.propTypes = {
+CanonicalMediaPlayerComponent.propTypes = {
   placeholderSrc: string,
   placeholderSrcset: string,
   portrait: bool,
@@ -128,7 +134,7 @@ CanonicalMediaPlayer.propTypes = {
   }),
 };
 
-CanonicalMediaPlayer.defaultProps = {
+CanonicalMediaPlayerComponent.defaultProps = {
   portrait: false,
   showPlaceholder: true,
   skin: 'classic',