SYDNEY – Showtime Australia, a joint venture between Paramount, Universal and Columbia TriStar that airs on Rupert Murdoch’s Foxtel cabler and struggling satcaster Galaxy, has invested in its first Oz film, “Seven Little Australians,” sources said.

Showtime is understood to have agreed to jointly finance the project with local producer Southern Star. No other details were available. “Seven Little Australians” is a coming-of-age story set at the turn of the century.

Showtime’s investment comes just a month after the Movie Network – the Disney, Warner Bros. and MGM-owned movie channel of the Kerry Packer-backed Optus Vision – became the first cabler to invest in an Aussie feature when it committed to “Kiss or Kill.”

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