diff --git a/.github/ISSUE_TEMPLATE/1_broken_site.md b/.github/ISSUE_TEMPLATE/1_broken_site.md
index 0bf5bb7aa0..e496afeaab 100644
--- a/.github/ISSUE_TEMPLATE/1_broken_site.md
+++ b/.github/ISSUE_TEMPLATE/1_broken_site.md
@@ -21,7 +21,7 @@ ## Checklist
 
 <!--
 Carefully read and work through this check list in order to prevent the most common mistakes and misuse of youtube-dlc:
-- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.14. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
+- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.16. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
 - Make sure that all provided video/audio/playlist URLs (if any) are alive and playable in a browser.
 - Make sure that all URLs and arguments with special characters are properly quoted or escaped as explained in https://github.com/pukkandan/yt-dlp.
 - Search the bugtracker for similar issues: https://github.com/pukkandan/yt-dlp. DO NOT post duplicates.
@@ -29,7 +29,7 @@ ## Checklist
 -->
 
 - [ ] I'm reporting a broken site support
-- [ ] I've verified that I'm running yt-dlp version **2021.01.14**
+- [ ] I've verified that I'm running yt-dlp version **2021.01.16**
 - [ ] I've checked that all provided URLs are alive and playable in a browser
 - [ ] I've checked that all URLs and arguments with special characters are properly quoted or escaped
 - [ ] I've searched the bugtracker for similar issues including closed ones
@@ -44,7 +44,7 @@ ## Verbose log
  [debug] User config: []
  [debug] Command-line args: [u'-v', u'http://www.youtube.com/watch?v=BaW_jenozKcj']
  [debug] Encodings: locale cp1251, fs mbcs, out cp866, pref cp1251
- [debug] yt-dlp version 2021.01.14
+ [debug] yt-dlp version 2021.01.16
  [debug] Python version 2.7.11 - Windows-2003Server-5.2.3790-SP2
  [debug] exe versions: ffmpeg N-75573-g1d0487f, ffprobe N-75573-g1d0487f, rtmpdump 2.4
  [debug] Proxy map: {}
diff --git a/.github/ISSUE_TEMPLATE/2_site_support_request.md b/.github/ISSUE_TEMPLATE/2_site_support_request.md
index e9e74a3839..39a39c477a 100644
--- a/.github/ISSUE_TEMPLATE/2_site_support_request.md
+++ b/.github/ISSUE_TEMPLATE/2_site_support_request.md
@@ -21,7 +21,7 @@ ## Checklist
 
 <!--
 Carefully read and work through this check list in order to prevent the most common mistakes and misuse of youtube-dlc:
-- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.14. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
+- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.16. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
 - Make sure that all provided video/audio/playlist URLs (if any) are alive and playable in a browser.
 - Make sure that site you are requesting is not dedicated to copyright infringement, see https://github.com/pukkandan/yt-dlp. yt-dlp does not support such sites. In order for site support request to be accepted all provided example URLs should not violate any copyrights.
 - Search the bugtracker for similar site support requests: https://github.com/pukkandan/yt-dlp. DO NOT post duplicates.
@@ -29,7 +29,7 @@ ## Checklist
 -->
 
 - [ ] I'm reporting a new site support request
-- [ ] I've verified that I'm running yt-dlp version **2021.01.14**
+- [ ] I've verified that I'm running yt-dlp version **2021.01.16**
 - [ ] I've checked that all provided URLs are alive and playable in a browser
 - [ ] I've checked that none of provided URLs violate any copyrights
 - [ ] I've searched the bugtracker for similar site support requests including closed ones
diff --git a/.github/ISSUE_TEMPLATE/3_site_feature_request.md b/.github/ISSUE_TEMPLATE/3_site_feature_request.md
index d1a1a0fe69..346f301509 100644
--- a/.github/ISSUE_TEMPLATE/3_site_feature_request.md
+++ b/.github/ISSUE_TEMPLATE/3_site_feature_request.md
@@ -21,13 +21,13 @@ ## Checklist
 
 <!--
 Carefully read and work through this check list in order to prevent the most common mistakes and misuse of youtube-dlc:
-- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.14. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
+- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.16. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
 - Search the bugtracker for similar site feature requests: https://github.com/pukkandan/yt-dlp. DO NOT post duplicates.
 - Finally, put x into all relevant boxes like this [x] (Dont forget to delete the empty space)
 -->
 
 - [ ] I'm reporting a site feature request
-- [ ] I've verified that I'm running yt-dlp version **2021.01.14**
+- [ ] I've verified that I'm running yt-dlp version **2021.01.16**
 - [ ] I've searched the bugtracker for similar site feature requests including closed ones
 
 
diff --git a/.github/ISSUE_TEMPLATE/4_bug_report.md b/.github/ISSUE_TEMPLATE/4_bug_report.md
index f70231f597..686b44ce80 100644
--- a/.github/ISSUE_TEMPLATE/4_bug_report.md
+++ b/.github/ISSUE_TEMPLATE/4_bug_report.md
@@ -21,7 +21,7 @@ ## Checklist
 
 <!--
 Carefully read and work through this check list in order to prevent the most common mistakes and misuse of youtube-dlc:
-- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.14. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
+- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.16. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
 - Make sure that all provided video/audio/playlist URLs (if any) are alive and playable in a browser.
 - Make sure that all URLs and arguments with special characters are properly quoted or escaped as explained in https://github.com/pukkandan/yt-dlp.
 - Search the bugtracker for similar issues: https://github.com/pukkandan/yt-dlp. DO NOT post duplicates.
@@ -30,7 +30,7 @@ ## Checklist
 -->
 
 - [ ] I'm reporting a broken site support issue
-- [ ] I've verified that I'm running yt-dlp version **2021.01.14**
+- [ ] I've verified that I'm running yt-dlp version **2021.01.16**
 - [ ] I've checked that all provided URLs are alive and playable in a browser
 - [ ] I've checked that all URLs and arguments with special characters are properly quoted or escaped
 - [ ] I've searched the bugtracker for similar bug reports including closed ones
@@ -46,7 +46,7 @@ ## Verbose log
  [debug] User config: []
  [debug] Command-line args: [u'-v', u'http://www.youtube.com/watch?v=BaW_jenozKcj']
  [debug] Encodings: locale cp1251, fs mbcs, out cp866, pref cp1251
- [debug] yt-dlp version 2021.01.14
+ [debug] yt-dlp version 2021.01.16
  [debug] Python version 2.7.11 - Windows-2003Server-5.2.3790-SP2
  [debug] exe versions: ffmpeg N-75573-g1d0487f, ffprobe N-75573-g1d0487f, rtmpdump 2.4
  [debug] Proxy map: {}
diff --git a/.github/ISSUE_TEMPLATE/5_feature_request.md b/.github/ISSUE_TEMPLATE/5_feature_request.md
index b77504f33e..7e3f7d6a42 100644
--- a/.github/ISSUE_TEMPLATE/5_feature_request.md
+++ b/.github/ISSUE_TEMPLATE/5_feature_request.md
@@ -21,13 +21,13 @@ ## Checklist
 
 <!--
 Carefully read and work through this check list in order to prevent the most common mistakes and misuse of youtube-dlc:
-- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.14. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
+- First of, make sure you are using the latest version of yt-dlp. Run `youtube-dlc --version` and ensure your version is 2021.01.16. If it's not, see https://github.com/pukkandan/yt-dlp on how to update. Issues with outdated version will be REJECTED.
 - Search the bugtracker for similar feature requests: https://github.com/pukkandan/yt-dlp. DO NOT post duplicates.
 - Finally, put x into all relevant boxes like this [x] (Dont forget to delete the empty space)
 -->
 
 - [ ] I'm reporting a feature request
-- [ ] I've verified that I'm running yt-dlp version **2021.01.14**
+- [ ] I've verified that I'm running yt-dlp version **2021.01.16**
 - [ ] I've searched the bugtracker for similar feature requests including closed ones
 
 
diff --git a/Changelog.md b/Changelog.md
index c644f9af74..eb6d3ca996 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -16,9 +16,10 @@ # Instuctions for creating release
 
 
 ### 2021.01.16
-* Update to ytdl-2021.01.16
-* Portable configuration file: `./yt-dlp.conf`
-* Changes to configuration file paths. See [this](https://github.com/pukkandan/yt-dlp#configuration) for details
+* **Merge youtube-dl:** Upto [2021.01.16](https://github.com/ytdl-org/youtube-dl/releases/tag/2021.01.16)
+* **Configuration files:**
+    * Portable configuration file: `./yt-dlp.conf`
+    * Allow the configuration files to be named `yt-dlp` instead of `youtube-dlc`. See [this](https://github.com/pukkandan/yt-dlp#configuration) for details
 * Add PyPI release
 
 
@@ -61,7 +62,7 @@ ### 2021.01.09
 
 
 ### 2021.01.08
-* **Merge youtube-dl:** Upto [2021.01.08](https://github.com/ytdl-org/youtube-dl/commit/bf6a74c620bd4d5726503c5302906bb36b009026)
+* **Merge youtube-dl:** Upto [2021.01.08](https://github.com/ytdl-org/youtube-dl/releases/tag/2021.01.08)
     * Extractor stitcher ([1](https://github.com/ytdl-org/youtube-dl/commit/bb38a1215718cdf36d73ff0a7830a64cd9fa37cc), [2](https://github.com/ytdl-org/youtube-dl/commit/a563c97c5cddf55f8989ed7ea8314ef78e30107f)) have not been merged
 * Moved changelog to seperate file
 
diff --git a/youtube_dlc/version.py b/youtube_dlc/version.py
index 58add5d2be..ac7242abb5 100644
--- a/youtube_dlc/version.py
+++ b/youtube_dlc/version.py
@@ -1,3 +1,3 @@
 from __future__ import unicode_literals
 
-__version__ = '2021.01.14'
+__version__ = '2021.01.16'