diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 4377121819..459cd01324 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 74.0.0
+current_version = 74.1.0
 commit = True
 tag = True
 
diff --git a/NEWS.rst b/NEWS.rst
index 6bb9eeaf57..fa5f4597b1 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,20 @@
+v74.1.0
+=======
+
+Features
+--------
+
+- Added support for defining ``ext-modules`` via ``pyproject.toml``
+  (**EXPERIMENTAL**, may change in future releases). (#4568)
+
+
+Bugfixes
+--------
+
+- Merge with pypa/distutils@3dcdf8567, removing the duplicate vendored copy of packaging. (#4622)
+- Restored ``setuptools.msvc.Environmentinfo`` as it is used externally. (#4625)
+
+
 v74.0.0
 =======
 
diff --git a/newsfragments/4568.feature.rst b/newsfragments/4568.feature.rst
deleted file mode 100644
index dadf4f4386..0000000000
--- a/newsfragments/4568.feature.rst
+++ /dev/null
@@ -1,2 +0,0 @@
-Added support for defining ``ext-modules`` via ``pyproject.toml``
-(**EXPERIMENTAL**, may change in future releases).
diff --git a/newsfragments/4622.bugfix.rst b/newsfragments/4622.bugfix.rst
deleted file mode 100644
index 0128edbcd5..0000000000
--- a/newsfragments/4622.bugfix.rst
+++ /dev/null
@@ -1 +0,0 @@
-Merge with pypa/distutils@3dcdf8567, removing the duplicate vendored copy of packaging.
\ No newline at end of file
diff --git a/newsfragments/4625.bugfix.rst b/newsfragments/4625.bugfix.rst
deleted file mode 100644
index 55ac0785d0..0000000000
--- a/newsfragments/4625.bugfix.rst
+++ /dev/null
@@ -1 +0,0 @@
-Restored ``setuptools.msvc.Environmentinfo`` as it is used externally.
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
index cee3b55fde..072a333645 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -5,7 +5,7 @@ backend-path = ["."]
 
 [project]
 name = "setuptools"
-version = "74.0.0"
+version = "74.1.0"
 authors = [
 	{ name = "Python Packaging Authority", email = "distutils-sig@python.org" },
 ]