diff --git a/package/libdvdread/0001-fix-os2-support.patch b/package/libdvdread/0001-fix-os2-support.patch
deleted file mode 100644
index 755bfaf3ee..0000000000
--- a/package/libdvdread/0001-fix-os2-support.patch
+++ /dev/null
@@ -1,31 +0,0 @@
-configure: fix build on NIOS II platform
-
-NIOS II is a CPU architecture from Altera, which uses 'nios2' as the
-architecture part of the tuple. Unfortunately, 'nios2' matches the
-current '*os2*' test done by libdvdread's configure script to detect
-the OS/2 operating system. This leads to build issues as the build
-process of libdvdread then tries to use OS/2 specific compiler
-options, that do not exist in the gcc used for Linux/NIOS2.
-
-To fix this, this patch makes the test for OS/2 a little bit more
-specific: in the case of the OS/2 operating system, the OS part of the
-tuple contains just 'os2' (confirmed by looking at config.guess and
-config.sub in the gnuconfig project). So using '*-os2-*' will properly
-match the OS/2 operating system but not the NIOS II architecture.
-
-Upstream-status: submitted
-Signed-off-by: Thomas Petazzoni <thomas.petazzoni@free-electrons.com>
-
-Index: b/configure.ac
-===================================================================
---- a/configure.ac
-+++ b/configure.ac
-@@ -146,7 +146,7 @@
-   *cygwin*)
-     LDFLAGS="-no-undefined $LDFLAGS"
-     ;;
--  *os2*)
-+  *-os2-*)
-     LDFLAGS="-no-undefined -Zbin-files $LDFLAGS"
-     ;;
-   *)
diff --git a/package/libdvdread/Config.in b/package/libdvdread/Config.in
index 1326709ff0..dea59eb055 100644
--- a/package/libdvdread/Config.in
+++ b/package/libdvdread/Config.in
@@ -1,11 +1,7 @@
 config BR2_PACKAGE_LIBDVDREAD
 	bool "libdvdread"
-	depends on !BR2_STATIC_LIBS
 	help
 	  libdvdread provides a simple foundation for reading
 	  DVD-Video images.
 
 	  http://www.mplayerhq.hu/MPlayer/releases/dvdnav/
-
-comment "libdvdread needs a toolchain w/ dynamic library"
-	depends on BR2_STATIC_LIBS
diff --git a/package/libdvdread/libdvdread.hash b/package/libdvdread/libdvdread.hash
index 11cc1ceadc..bef93fc015 100644
--- a/package/libdvdread/libdvdread.hash
+++ b/package/libdvdread/libdvdread.hash
@@ -1,2 +1,2 @@
-# Locally calculated
-sha256	af9b98f049580a6521d56c978b736d3d609562dd12955e11d50e26d97542dcd4	libdvdread-4.2.1.tar.xz
+# From http://download.videolan.org/pub/videolan/libdvdread/5.0.0/libdvdread-5.0.3.tar.bz2.sha256
+sha256	321cdf2dbdc83c96572bc583cd27d8c660ddb540ff16672ecb28607d018ed82b	libdvdread-5.0.3.tar.bz2
diff --git a/package/libdvdread/libdvdread.mk b/package/libdvdread/libdvdread.mk
index 665846092b..78ea292002 100644
--- a/package/libdvdread/libdvdread.mk
+++ b/package/libdvdread/libdvdread.mk
@@ -4,13 +4,10 @@
 #
 ################################################################################
 
-LIBDVDREAD_VERSION = 4.2.1
-LIBDVDREAD_SOURCE = libdvdread-$(LIBDVDREAD_VERSION).tar.xz
-LIBDVDREAD_SITE = http://dvdnav.mplayerhq.hu/releases
-# configure not shipped
-LIBDVDREAD_AUTORECONF = YES
+LIBDVDREAD_VERSION = 5.0.3
+LIBDVDREAD_SOURCE = libdvdread-$(LIBDVDREAD_VERSION).tar.bz2
+LIBDVDREAD_SITE = http://www.videolan.org/pub/videolan/libdvdread/$(LIBDVDREAD_VERSION)
 LIBDVDREAD_INSTALL_STAGING = YES
-LIBDVDREAD_CONFIG_SCRIPTS = dvdread-config
 LIBDVDREAD_LICENSE = GPLv2+
 LIBDVDREAD_LICENSE_FILES = COPYING