diff --git a/package/imagemagick/imagemagick.mk b/package/imagemagick/imagemagick.mk
index f5aacb68bd..4b58148924 100644
--- a/package/imagemagick/imagemagick.mk
+++ b/package/imagemagick/imagemagick.mk
@@ -5,8 +5,8 @@
 ################################################################################
 
 IMAGEMAGICK_MAJOR = 6.8.7
-IMAGEMAGICK_VERSION = $(IMAGEMAGICK_MAJOR)-0
-IMAGEMAGICK_SOURCE = ImageMagick-$(IMAGEMAGICK_VERSION).tar.bz2
+IMAGEMAGICK_VERSION = $(IMAGEMAGICK_MAJOR)-1
+IMAGEMAGICK_SOURCE = ImageMagick-$(IMAGEMAGICK_VERSION).tar.xz
 # The official ImageMagick site only keeps the latest versions
 # available, which is annoying. Use an alternate site that keeps all
 # older versions.