diff --git a/.tito/packages/python-productmd b/.tito/packages/python-productmd
index b508d62..c25e4fb 100644
--- a/.tito/packages/python-productmd
+++ b/.tito/packages/python-productmd
@@ -1 +1 @@
-1.41-1 ./
+1.42-1 ./
diff --git a/productmd/__init__.py b/productmd/__init__.py
index b3a186f..4462a2f 100644
--- a/productmd/__init__.py
+++ b/productmd/__init__.py
@@ -19,7 +19,7 @@
 # Note this file is templated with Tito. Please make changes to
 # .tito/templates/__init__.py.in in Git.
 
-__version__ = '1.41'
+__version__ = '1.42'
 
 from .compose import Compose            # noqa
 from .composeinfo import ComposeInfo    # noqa
diff --git a/python-productmd.spec b/python-productmd.spec
index 94789c3..abfde2d 100644
--- a/python-productmd.spec
+++ b/python-productmd.spec
@@ -6,7 +6,7 @@
 %bcond_without  python3
 
 Name:           python-productmd
-Version:        1.41
+Version:        1.42
 Release:        1%{?dist}
 Summary:        Library providing parsers for metadata related to OS installation
 
@@ -90,6 +90,10 @@ Requires:       python%{python3_pkgversion}-six
 %endif
 
 %changelog
+* Wed Nov 20 2024 Lubomír Sedlář <lsedlar@redhat.com> 1.42-1
+- images: add type and formats for erofs and squashfs to back FEX
+  (awilliam@redhat.com)
+
 * Mon Nov 04 2024 Lubomír Sedlář <lsedlar@redhat.com> 1.41-1
 - common: Update RPM_ARCHES to match dnf (abologna@redhat.com)
 
diff --git a/setup.py b/setup.py
index 0a0d695..a7ce067 100755
--- a/setup.py
+++ b/setup.py
@@ -19,7 +19,7 @@
 
 setup(
     name            = "productmd",
-    version         = "1.41",
+    version         = "1.42",
     description     = "Product, compose and installation media metadata library",
     url             = "https://github.com/release-engineering/productmd",
     author          = "Daniel Mach",