DC Thomson was already an investor in the publisher of free weekly magazines Shortlist and Stylist, which was launched in 2007.
Shortlist Media now claims to have a staff of 150 and a turnover of £20m.
Chief executive Mike Soutar said: “DC Thomson have been one of our most important investors since launch and I am delighted to now be working with them in a true partnership to accelerate our development. They are a brilliant company with a great history. Our determination to become the best-in-class new media business in the UK remains undiminished and under our new structure we will continue to invest in breakthrough new launches. There are very exciting times ahead.”
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