diff --git a/multimedia/openlibraries/0001-libav-replace-deprecated_PIX_FMT_names.patch b/multimedia/openlibraries/0001-libav-replace-deprecated_PIX_FMT_names.patch
new file mode 100644
index 000000000..70cf7b635
--- /dev/null
+++ b/multimedia/openlibraries/0001-libav-replace-deprecated_PIX_FMT_names.patch
@@ -0,0 +1,47 @@
+# --- SDE-COPYRIGHT-NOTE-BEGIN ---
+# This copyright note is auto-generated by ./scripts/Create-CopyPatch.
+#
+# Filename: package/.../openlibraries/0001-libav-replace-deprecated_PIX_FMT_names.patch
+# Copyright (C) 2011 The OpenSDE Project
+#
+# More information can be found in the files COPYING and README.
+#
+# This patch file is dual-licensed. It is available under the license the
+# patched project is licensed under, as long as it is an OpenSource license
+# as defined at http://www.opensource.org/ (e.g. BSD, X11) or under the terms
+# of the GNU General Public License as published by the Free Software
+# Foundation; either version 2 of the License, or (at your option) any later
+# version.
+# --- SDE-COPYRIGHT-NOTE-END ---
+
+Description: Fix to replace deprecated PIX_FMT names by the newer variants
+
+Reference:
+
+http://git.libav.org/?p=libav.git;a=commitdiff;h=71e445fca3ccc1285068386bf9858d180b0fecfc
+
+--- ./src/openmedialib/plugins/avformat/avformat_plugin.cpp.orig	2011-04-17 11:59:29.112077819 +0200
++++ ./src/openmedialib/plugins/avformat/avformat_plugin.cpp	2011-04-17 12:35:52.872071393 +0200
+@@ -65,11 +65,11 @@
+ 		return L"yuv420p";
+ 	else if ( fmt == PIX_FMT_YUVJ420P )
+ 		return L"yuv420p";
+-	else if ( fmt == PIX_FMT_UYVY411 )
++	else if ( fmt == PIX_FMT_UYYVYY411 )
+ 		return L"yuv411";
+ 	else if ( fmt == PIX_FMT_YUV411P )
+ 		return L"yuv411p";
+-	else if ( fmt == PIX_FMT_YUV422 )
++	else if ( fmt == PIX_FMT_YUYV422 )
+ 		return L"yuv422";
+ 	else if ( fmt == PIX_FMT_YUV422P )
+ 		return L"yuv422p";
+@@ -79,7 +79,7 @@
+ 		return L"r8g8b8";
+ 	else if ( fmt == PIX_FMT_BGR24 )
+ 		return L"b8g8r8";
+-	else if ( fmt == PIX_FMT_RGBA32 )
++	else if ( fmt == PIX_FMT_RGB32 )
+ 		return L"r8g8b8a8";
+ 	return L"";
+ }
diff --git a/multimedia/openlibraries/openlibraries.desc b/multimedia/openlibraries/openlibraries.desc
index 2339c3db2..35c89b9db 100644
--- a/multimedia/openlibraries/openlibraries.desc
+++ b/multimedia/openlibraries/openlibraries.desc
@@ -29,8 +29,8 @@
 
 [L] LGPL
 [S] Beta
-[V] 0.4.0-r1422
+[V] 0.5.0-r1481
 [P] O -----5---9 170.000
 
-[D] X openlibraries-0.4.0-r1422.tar.gz svn+http://openlibraries.svn.sourceforge.net/svnroot/openlibraries/trunk -r 1422
+[D] X openlibraries-0.5.0-r1481.tar.gz svn+http://openlibraries.svn.sourceforge.net/svnroot/openlibraries/trunk -r 1481
 #[D] 756041397 openlibraries-0.4.0.tar.gz http://dl.sourceforge.net/sourceforge/openlibraries/