diff --git a/README.md b/README.md
index 8fda07f771..71bad017dd 100644
--- a/README.md
+++ b/README.md
@@ -110,6 +110,8 @@ which means you can modify it, redistribute it or use it however you like.
     --audio-quality QUALITY  ffmpeg/avconv audio quality specification, insert a
                              value between 0 (better) and 9 (worse) for VBR or a
                              specific bitrate like 128K (default 5)
+    --recode-video FORMAT    Encode the video to another format if necessary
+                             (currently supported: mp4|flv|ogg|webm)
     -k, --keep-video         keeps the video file on disk after the post-
                              processing; the video is erased by default
     --no-post-overwrites     do not overwrite post-processed files; the post-
diff --git a/youtube_dl/version.py b/youtube_dl/version.py
index d8e82f4cd9..40bc663edd 100644
--- a/youtube_dl/version.py
+++ b/youtube_dl/version.py
@@ -1,2 +1,2 @@
 
-__version__ = '2013.01.11'
+__version__ = '2013.01.12'