diff --git a/pkgs/development/libraries/ffmpeg/1.x.nix b/pkgs/development/libraries/ffmpeg/1.x.nix
index 9f731d118bc3..be9f1c56d97b 100644
--- a/pkgs/development/libraries/ffmpeg/1.x.nix
+++ b/pkgs/development/libraries/ffmpeg/1.x.nix
@@ -29,11 +29,11 @@ assert x11grabSupport -> libXext != null && libXfixes != null;
 assert playSupport -> SDL != null;
 
 stdenv.mkDerivation rec {
-  name = "ffmpeg-1.2";
+  name = "ffmpeg-1.2.3";
 
   src = fetchurl {
     url = "http://www.ffmpeg.org/releases/${name}.tar.bz2";
-    sha256 = "1bssxbn4p813xlgb8whg4b60j90yzfy92x70b4q8j35fgp0gnfcs";
+    sha256 = "0nvilgwaivzvikgp9lpvrwi4p1clxl4w8j961599bg0r2v7n4x6r";
   };
 
   # `--enable-gpl' (as well as the `postproc' and `swscale') mean that