diff --git a/.gitignore b/.gitignore
index a37b7ed..25d5fff 100644
--- a/.gitignore
+++ b/.gitignore
@@ -131,3 +131,5 @@
 /blivet-3.3.1-tests.tar.gz
 /blivet-3.3.2-tests.tar.gz
 /blivet-3.3.2.tar.gz
+/blivet-3.3.3-tests.tar.gz
+/blivet-3.3.3.tar.gz
diff --git a/python-blivet.spec b/python-blivet.spec
index e763a7f..70bf2de 100644
--- a/python-blivet.spec
+++ b/python-blivet.spec
@@ -19,11 +19,11 @@
 Summary:  A python module for system storage configuration
 Name: python-blivet
 Url: https://storageapis.wordpress.com/projects/blivet
-Version: 3.3.2
+Version: 3.3.3
 
 #%%global prerelease .b2
 # prerelease, if defined, should be something like .a1, .b1, .b2.dev1, or .c2
-Release: 2%{?prerelease}%{?dist}
+Release: 1%{?prerelease}%{?dist}
 Epoch: 1
 License: LGPLv2+
 %global realname blivet
@@ -196,6 +196,9 @@ configuration.
 %endif
 
 %changelog
+* Thu Feb 18 2021 Vojtech Trefny <vtrefny@redhat.com> - 3.3.3-1
+- apply compression settings from blivet.flags.btrfs_compression (#1926892) (michel)
+
 * Wed Jan 27 2021 Fedora Release Engineering <releng@fedoraproject.org> - 1:3.3.2-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_34_Mass_Rebuild
 
diff --git a/sources b/sources
index b28524e..7491483 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (blivet-3.3.2-tests.tar.gz) = 8c07d3cac7a70185f416076d39ec51729f977d101ba5730451109d835318e3636c4fc30420451f4f91c2b769c2c1e204db758211c9faf477add608f1338d375e
-SHA512 (blivet-3.3.2.tar.gz) = 4bc329ef0e80676c297e25f7649364ea5444bbf526ac56ec7048234b056d57a4b78a41858ef609de0a01bc98a27b92a893c364c4ea45277e4b527cc5d58db962
+SHA512 (blivet-3.3.3-tests.tar.gz) = d884db3699762563d8ec9968f127a694a29f089eb783cd74adcadc41b9eccc25416cb1a32d81c9534e20b206c060d0b117fb2846778f879611fc2e511ef4cc59
+SHA512 (blivet-3.3.3.tar.gz) = c4eb96f6856a6dc7c6cd78bda064f5dd890951714a627b231488327b8790f16160a088842c9c3627ecb8551b25379402a4af9e777e8c610e7d5810baf5a0a41a