diff --git a/meta/recipes-multimedia/gstreamer/gstreamer1.0-plugins-ugly_git.bb b/meta/recipes-multimedia/gstreamer/gstreamer1.0-plugins-ugly_git.bb
index ccf6ece8b3..69afe4cfb3 100644
--- a/meta/recipes-multimedia/gstreamer/gstreamer1.0-plugins-ugly_git.bb
+++ b/meta/recipes-multimedia/gstreamer/gstreamer1.0-plugins-ugly_git.bb
@@ -10,15 +10,32 @@ SRC_URI = " \
     git://anongit.freedesktop.org/gstreamer/common;destsuffix=git/common;name=common \
 "
 
-PV = "1.7.1+git${SRCPV}"
+PV = "1.7.2+git${SRCPV}"
+
 UPSTREAM_CHECK_GITTAGREGEX = "(?P<pver>(\d+(\.\d+)+))"
 
-SRCREV_base = "c9c37983babad909d01c1c4c417d42a0cf252c1d"
-SRCREV_common = "86e46630ed8af8d94796859db550a9c3d89c9f65"
+SRCREV_base = "8bdb68edbc605e21314b608e7a39bdbaab7302b8"
+SRCREV_common = "b64f03f6090245624608beb5d2fff335e23a01c0"
 SRCREV_FORMAT = "base"
 
 S = "${WORKDIR}/git"
 
+# The mpg123 plugin was added prior to the 1.7.2 release
+# https://cgit.freedesktop.org/gstreamer/gst-plugins-ugly/commit/?id=43bd45ba991ef3247957ca37cdcb52f4b8c0acb1
+PACKAGECONFIG[mpg123] = "--enable-mpg123,--disable-mpg123,mpg123"
+
 do_configure_prepend() {
 	${S}/autogen.sh --noconfigure
 }
+
+# In 1.7.2, the mpg123 plugin was moved from -bad to -ugly
+# https://cgit.freedesktop.org/gstreamer/gst-plugins-bad/commit/?id=08d8aefcdaaf89ecb6dd53ec1e4f95cd42d01664
+# https://cgit.freedesktop.org/gstreamer/gst-plugins-ugly/commit/?id=43bd45ba991ef3247957ca37cdcb52f4b8c0acb1
+
+PACKAGESPLITFUNCS_append = " handle_mpg123_rename "
+
+python handle_mpg123_rename () {
+    d.setVar('RPROVIDES_gstreamer1.0-plugins-ugly-mpg123', 'gstreamer1.0-plugins-bad-mpg123')
+    d.setVar('RREPLACES_gstreamer1.0-plugins-ugly-mpg123', 'gstreamer1.0-plugins-bad-mpg123')
+    d.setVar('RCONFLICTS_gstreamer1.0-plugins-ugly-mpg123', 'gstreamer1.0-plugins-bad-mpg123')
+}