diff --git a/beetsplug/importfeeds.py b/beetsplug/importfeeds.py
index b1e76d9a8..6b0a46778 100644
--- a/beetsplug/importfeeds.py
+++ b/beetsplug/importfeeds.py
@@ -118,10 +118,9 @@ class ImportFeedsPlugin(BeetsPlugin):
                 paths.append(relpath)
 
         if 'm3u' in formats:
-            basename = bytestring_path(
-                self.config['m3u_name'].get(unicode)
-            )
-            m3u_path = os.path.join(feedsdir, basename)
+            m3u_basename = bytestring_path(
+                self.config['m3u_name'].get(unicode))
+            m3u_path = os.path.join(feedsdir, m3u_basename)
             _write_m3u(m3u_path, paths)
 
         if 'm3u_multi' in formats:
diff --git a/docs/changelog.rst b/docs/changelog.rst
index 0ec2e53fb..5077d1fe0 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -22,6 +22,8 @@ New features:
 
 Fixes:
 
+* :doc:`/plugins/importfeeds`: Avoid generating incorrect m3u filename when
+  both `m3u` and `m3u_multi` options are `True`. :bug:`1490`
 * :doc:`/plugins/duplicates`: Avoid a crash when misconfigured. :bug:`1457`
 * :doc:`/plugins/mpdstats`: Avoid a crash when the music played is not in the
   beets library. Thanks to :user:`CodyReichert`. :bug:`1443`