HTML5 is a new technology standard promising to empower browsers to become a suitable platform for developing rich Web applications. Whilst it is still considered an emerging technology, in this paper we attempt to capture and explore its impacts on mashup development. To do so, we start with a mashup case study showcasing new HTML5 features. We then move on to explore those aspects of mashup development that are affected and will possibly be enabled by HTML5 in the near future. These aspects are grouped into two categories: short-term impacts, that can be harnessed by mashup developers, and long-term impacts, that should be considered by service/content providers.