Is this how django does single page inheritance?

In this SO question, I see the following:

class MediaContent(models.Model):
    uploader = models.ForeignKey(User)
    title = models.CharField(max_length=100)
    created = models.DateTimeField(auto_now_add=True)

    def draw_item(self):
        pass

    class Meta:
        abstract = True

class Picture(MediaContent):
    picture = models.ImageField(upload_to='pictures')

class Video(MediaContent):
    identifier = models.CharField(max_length=30) #youtube id

I used to do some STI in Rails, but have never been to django. This is how it is done in django? Will he create only one table with all fields in all models? Will it add a type column?