NPG Records is a record label that was owned by Prince and run by Trevor Guy.[1] "NPG" is short for New Power Generation. It was founded to release his music after Paisley Park Records was shut down by Warner Bros. Records in 1994.
Though the 1994 compilation 1-800-NEW-FUNK featured several artists, NPG Records never developed into a full label like Paisley Park did; instead, it exclusively released Prince's albums or side-projects.