diff --git a/homeassistant/components/russound_rio/manifest.json b/homeassistant/components/russound_rio/manifest.json
index 7dcdf228244..4c4f18325d5 100644
--- a/homeassistant/components/russound_rio/manifest.json
+++ b/homeassistant/components/russound_rio/manifest.json
@@ -6,5 +6,5 @@
   "documentation": "https://www.home-assistant.io/integrations/russound_rio",
   "iot_class": "local_push",
   "loggers": ["aiorussound"],
-  "requirements": ["aiorussound==2.0.6"]
+  "requirements": ["aiorussound==2.0.7"]
 }
diff --git a/homeassistant/components/russound_rio/media_player.py b/homeassistant/components/russound_rio/media_player.py
index a96269ab906..14d330242e5 100644
--- a/homeassistant/components/russound_rio/media_player.py
+++ b/homeassistant/components/russound_rio/media_player.py
@@ -86,7 +86,7 @@ async def async_setup_entry(
     controllers = await russ.enumerate_controllers()
 
     entities = []
-    for controller in controllers:
+    for controller in controllers.values():
         sources = controller.sources
         for source in sources.values():
             await source.watch()
diff --git a/requirements_all.txt b/requirements_all.txt
index d065a99d3f0..3ffe9b0abc2 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -350,7 +350,7 @@ aioridwell==2024.01.0
 aioruckus==0.34
 
 # homeassistant.components.russound_rio
-aiorussound==2.0.6
+aiorussound==2.0.7
 
 # homeassistant.components.ruuvi_gateway
 aioruuvigateway==0.1.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 164d9003ad7..8ebc242ac47 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -329,7 +329,7 @@ aioridwell==2024.01.0
 aioruckus==0.34
 
 # homeassistant.components.russound_rio
-aiorussound==2.0.6
+aiorussound==2.0.7
 
 # homeassistant.components.ruuvi_gateway
 aioruuvigateway==0.1.0