diff --git a/constants.gradle b/constants.gradle
index 16f2504c1cc..00141488077 100644
--- a/constants.gradle
+++ b/constants.gradle
@@ -13,7 +13,7 @@
 // limitations under the License.
 project.ext {
     // ExoPlayer version and version code.
-    releaseVersion = '2.16.1.6'
+    releaseVersion = '2.16.1.7'
     releaseVersionCode = 2016001
     minSdkVersion = 16
     appTargetSdkVersion = 29
diff --git a/extensions/ima/build.gradle b/extensions/ima/build.gradle
index 4a40f0afc9b..6caa400b80b 100644
--- a/extensions/ima/build.gradle
+++ b/extensions/ima/build.gradle
@@ -25,7 +25,7 @@ android {
 }
 
 dependencies {
-    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.25.1'
+    api 'com.google.ads.interactivemedia.v3:interactivemedia:3.32.0'
     implementation project(modulePrefix + 'library-core')
     implementation 'androidx.annotation:annotation:' + androidxAnnotationVersion
     compileOnly 'org.checkerframework:checker-qual:' + checkerframeworkVersion