NPG Records is a record label that was owned by Prince and run by Trevor Guy. "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. Discography Prince releases Other artists See also List of record labels Paisley Park Records References American record labels Prince (musician) Vanity record labels Record labels established in 1993 Record labels disestablished in 1995 Pop record labels