diff --git a/CHANGES/911.doc.rst b/CHANGES/911.doc.rst
new file mode 100644
index 000000000..14cab48c1
--- /dev/null
+++ b/CHANGES/911.doc.rst
@@ -0,0 +1,2 @@
+On the `Contributing docs <https://github.com/aio-libs/multidict/blob/master/CHANGES/README.rst>`_ page,
+a link to the ``Towncrier philosophy`` has been fixed.
diff --git a/CHANGES/README.rst b/CHANGES/README.rst
index 34284f3ba..d09cfe417 100644
--- a/CHANGES/README.rst
+++ b/CHANGES/README.rst
@@ -96,4 +96,4 @@ File :file:`CHANGES/553.feature.rst`:
 
 
 .. _Towncrier philosophy:
-   https://towncrier.readthedocs.io/en/actual-freaking-docs/#philosophy
+   https://towncrier.readthedocs.io/en/stable/#philosophy