New Masters is the second studio album by singer-songwriter Cat Stevens. The album was released in December 1967 by Deram Records, a new subsidiary of Decca Records as a follow up to the highly successful debut album, Matthew and Son. The label was disappointed by his second album's poor sales, given that the previous album made the UK Top Ten and produced several hit singles. New Masters generated little interest, failing to chart in either the U.K. or the United States.