The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. Netflix Inc shares were down 3.1 percent at $435.28 after the announcement. The streaming video company will announced its quarterly result
IN PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. Netflix Inc shares were down 3.1 percent at $435.28 after the announcement. The streaming video company will announced its quarterly results later on October 15. Picture taken October 14, 2014. Reuters/Mike Blake

Netflix is coming to Australia on March 31. A new report reveals the launch date and pricing scheme of the highly anticipated U.S. on-demand Internet streaming media when the service is offered Down Under.

Tech Guide reports that the three-tier pricing system of the new localised version of Netflix will start at $9.99 a month. The price, as well as the launch date of March 31, was confirmed by a source from the International Consumer Electronic Show in Las Vegas

When the Web site asked Netflix about the pricing scheme and launch date, however, the streaming media service refused to confirm the report. However, it revealed the premiere dates of original series that will be available globally.

These shows include “Unbreakable Kimmy Schmidt” (March 6), “Bloodline” (March 20), “Marvel’s Daredevil” (April 10) and “Grace and Frankie” (May 8).

Tech Guide also says that the recent reported VPN crackdown of the company is a false story. Netlix was reported to have started clearing out subscribers of its U.S. content but reside outside the country. Some subscribers bypass the geolocation restriction of the company by using virtual private networks or other tools that provide geoblocking. This is against the rules, but Netflix has apparently just started weeding out these subscribers.

Auckland Company Confident Netflix’s Reported VPN Crackdown Won’t Affect Kiwi Users

News.com.au, meanwhile, reports that the company is no longer looking to sign contracts for individual regions, but rather globally. For example, Channel 9 owns the broadcast rights of the series “Gotham” in Australia. But since Netflix owns the show’s global streaming rights, it will have an episode available online for its subscribers a day after Channel 9 airs it.

But as the site notes, the first 12 months of Netflix in the country could be a little spotty since some of the most wanted shows, such as “Orange is the New Block” and “Game of Thrones,” are currently owned exclusively by Foxtel.