diff --git a/CHANGELOG.md b/CHANGELOG.md
index 80a51ad9..2dd8d275 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+### [0.3.1](https://www.github.com/googleapis/java-video-transcoder/compare/v0.3.0...v0.3.1) (2021-08-12)
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v2.0.1 ([#208](https://www.github.com/googleapis/java-video-transcoder/issues/208)) ([e96525d](https://www.github.com/googleapis/java-video-transcoder/commit/e96525dd494d9385e77734cc208178274986a778))
+
 ## [0.3.0](https://www.github.com/googleapis/java-video-transcoder/compare/v0.2.0...v0.3.0) (2021-08-10)
 
 
diff --git a/README.md b/README.md
index 7059c84a..5d5619ba 100644
--- a/README.md
+++ b/README.md
@@ -22,20 +22,20 @@ If you are using Maven, add this to your pom.xml file:
 <dependency>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-video-transcoder</artifactId>
-  <version>0.2.0</version>
+  <version>0.3.0</version>
 </dependency>
 ```
 
 If you are using Gradle without BOM, add this to your dependencies
 
 ```Groovy
-compile 'com.google.cloud:google-cloud-video-transcoder:0.2.0'
+compile 'com.google.cloud:google-cloud-video-transcoder:0.3.0'
 ```
 
 If you are using SBT, add this to your dependencies
 
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-video-transcoder" % "0.2.0"
+libraryDependencies += "com.google.cloud" % "google-cloud-video-transcoder" % "0.3.0"
 ```
 
 ## Authentication
diff --git a/google-cloud-video-transcoder-bom/pom.xml b/google-cloud-video-transcoder-bom/pom.xml
index 5edfbcee..3bc2fa64 100644
--- a/google-cloud-video-transcoder-bom/pom.xml
+++ b/google-cloud-video-transcoder-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-video-transcoder-bom</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -57,27 +57,27 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-video-transcoder</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+        <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-video-transcoder-v1beta1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-video-transcoder-v1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-video-transcoder-v1beta1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-video-transcoder-v1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-video-transcoder/pom.xml b/google-cloud-video-transcoder/pom.xml
index 5cc7f523..e408cead 100644
--- a/google-cloud-video-transcoder/pom.xml
+++ b/google-cloud-video-transcoder/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-video-transcoder</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   <packaging>jar</packaging>
   <name>Google Video Transcoder</name>
   <url>https://github.com/googleapis/java-video-transcoder</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-video-transcoder-parent</artifactId>
-    <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-video-transcoder</site.installationModule>
diff --git a/grpc-google-cloud-video-transcoder-v1/pom.xml b/grpc-google-cloud-video-transcoder-v1/pom.xml
index 8ec3668c..97683171 100644
--- a/grpc-google-cloud-video-transcoder-v1/pom.xml
+++ b/grpc-google-cloud-video-transcoder-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-video-transcoder-v1</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
   <name>grpc-google-cloud-video-transcoder-v1</name>
   <description>GRPC library for google-cloud-video-transcoder</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-video-transcoder-parent</artifactId>
-    <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-video-transcoder-v1beta1/pom.xml b/grpc-google-cloud-video-transcoder-v1beta1/pom.xml
index 93ca1c6d..ba5d77ee 100644
--- a/grpc-google-cloud-video-transcoder-v1beta1/pom.xml
+++ b/grpc-google-cloud-video-transcoder-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-video-transcoder-v1beta1</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
   <name>grpc-google-cloud-video-transcoder-v1beta1</name>
   <description>GRPC library for google-cloud-video-transcoder</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-video-transcoder-parent</artifactId>
-    <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 343161a5..d22436d6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-video-transcoder-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+  <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   <name>Google Video Transcoder Parent</name>
   <url>https://github.com/googleapis/java-</url>
   <description>
@@ -61,33 +61,33 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-video-transcoder</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+        <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-video-transcoder-v1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-video-transcoder-v1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-video-transcoder-v1beta1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-video-transcoder-v1beta1</artifactId>
-        <version>0.3.0</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
+        <version>0.3.1</version><!-- {x-version-update:grpc-google-cloud-video-transcoder-v1beta1:current} -->
       </dependency>
 
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-shared-dependencies</artifactId>
-        <version>2.0.0</version>
+        <version>2.0.1</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>
diff --git a/proto-google-cloud-video-transcoder-v1/pom.xml b/proto-google-cloud-video-transcoder-v1/pom.xml
index 38463d06..f5dc25ed 100644
--- a/proto-google-cloud-video-transcoder-v1/pom.xml
+++ b/proto-google-cloud-video-transcoder-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-video-transcoder-v1</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1:current} -->
   <name>proto-google-cloud-video-transcoder-v1</name>
   <description>Proto library for google-cloud-video-transcoder</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-video-transcoder-parent</artifactId>
-    <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-video-transcoder-v1beta1/pom.xml b/proto-google-cloud-video-transcoder-v1beta1/pom.xml
index a6f5463c..b19a296f 100644
--- a/proto-google-cloud-video-transcoder-v1beta1/pom.xml
+++ b/proto-google-cloud-video-transcoder-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-video-transcoder-v1beta1</artifactId>
-  <version>0.3.0</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
+  <version>0.3.1</version><!-- {x-version-update:proto-google-cloud-video-transcoder-v1beta1:current} -->
   <name>proto-google-cloud-video-transcoder-v1beta1</name>
   <description>Proto library for google-cloud-video-transcoder</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-video-transcoder-parent</artifactId>
-    <version>0.3.0</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
+    <version>0.3.1</version><!-- {x-version-update:google-cloud-video-transcoder:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index c0513efd..ad315c8a 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,7 +28,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-video-transcoder</artifactId>
-      <version>0.3.0</version>
+      <version>0.3.1</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index a3603e41..1a5b0513 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,8 +1,8 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-video-transcoder:0.3.0:0.3.0
-grpc-google-cloud-video-transcoder-v1beta1:0.3.0:0.3.0
-grpc-google-cloud-video-transcoder-v1:0.3.0:0.3.0
-proto-google-cloud-video-transcoder-v1beta1:0.3.0:0.3.0
-proto-google-cloud-video-transcoder-v1:0.3.0:0.3.0
+google-cloud-video-transcoder:0.3.1:0.3.1
+grpc-google-cloud-video-transcoder-v1beta1:0.3.1:0.3.1
+grpc-google-cloud-video-transcoder-v1:0.3.1:0.3.1
+proto-google-cloud-video-transcoder-v1beta1:0.3.1:0.3.1
+proto-google-cloud-video-transcoder-v1:0.3.1:0.3.1