Penalty Recordings

Penalty is an American record label and entertainment company, founded and run by CEO Neil Levine. The company was founded in 1995 as a record label specializing in hip-hop music.

The original Penalty label was acquired by its distributor, Tommy Boy, in 1999. A second version, Penalty Associated Labels, was operated by Levine in association with Rykodisc from 2002 to 2006. The third and current incarnation was established in 2014.

Artists on Penalty have included Capone-N-Noreaga (as well as both Capone and Noreaga/N.O.R.E. as solo artists), Lord Finesse, Ali Shaheed Muhammed of A Tribe Called Quest, and The Beatnuts, among others.