diff --git a/gnu/packages/video.scm b/gnu/packages/video.scm
index 30ad11314a..6da4897a57 100644
--- a/gnu/packages/video.scm
+++ b/gnu/packages/video.scm
@@ -2339,7 +2339,7 @@ (define-public mplayer
 (define-public mpv
   (package
     (name "mpv")
-    (version "0.36.0")
+    (version "0.37.0")
     (source (origin
               (method git-fetch)
               (uri (git-reference
@@ -2347,8 +2347,8 @@ (define-public mpv
                     (commit (string-append "v" version))))
               (file-name (git-file-name name version))
               (sha256
-               (base32 "1ri06h7pv6hrxmxxc618n9hymlgr0gfx38bqq5dcszdgnlashsgk"))))
-    (build-system waf-build-system)
+               (base32 "1xcyfpd543lbmg587wi0mahrz8vhyrlr4432054vp6wsi3s36c4b"))))
+    (build-system meson-build-system)
     (arguments
      (list
       #:phases
@@ -2365,21 +2365,15 @@ (define-public mpv
               ;; and passed as linker flags, but the order in which they are added
               ;; varies.  See <https://github.com/mpv-player/mpv/issues/7855>.
               ;; Set PYTHONHASHSEED as a workaround for deterministic results.
-              (setenv "PYTHONHASHSEED" "1")))
-          (add-before 'configure 'set-up-waf
-            (lambda* (#:key inputs #:allow-other-keys)
-              (copy-file (search-input-file inputs "bin/waf") "waf")
-              (setenv "CC" #$(cc-for-target)))))
+              (setenv "PYTHONHASHSEED" "1"))))
       #:configure-flags
-      #~(list "--enable-libmpv-shared"
-              "--enable-cdda"
-              "--enable-dvdnav"
-              "--disable-build-date")
-      ;; No check function defined.
-      #:tests? #f))
+      #~(list "-Dlibmpv=true"
+              "-Dcdda=enabled"
+              "-Ddvdnav=enabled"
+              "-Dbuild-date=false")))
     (native-inputs
      (list perl ; for zsh completion file
-           pkg-config python-docutils))
+           pkg-config python-docutils python-wrapper))
     ;; Missing features: libguess, V4L2.
     (inputs
      (list alsa-lib
@@ -2396,6 +2390,7 @@ (define-public mpv
            libdvdread
            libdvdnav
            libjpeg-turbo
+           libplacebo
            libva
            libvdpau
            libx11
@@ -2406,13 +2401,11 @@ (define-public mpv
            libxrandr
            libxscrnsaver
            libxv
-           ;; XXX: lua > 5.2 is not currently supported; see
-           ;; waftools/checks/custom.py
+           ;; XXX: lua > 5.2 is not currently supported; see meson.build
            lua-5.2
            mesa
            mpg123
            pulseaudio
-           python-waf
            rsound
            shaderc
            vulkan-headers
@@ -2420,6 +2413,7 @@ (define-public mpv
            wayland
            wayland-protocols
            yt-dlp
+           zimg
            zlib))
     (home-page "https://mpv.io/")
     (synopsis "Audio and video player")