Within the next couple of years, Netflix will pretty much be another premium cable channel in terms of content. The writing has been on the wall for some time and we are seeing it come to fruition. They are losing all the Fox shows now, Disney(which means Disney channel and ABC) next year, AMC is already shifting away, and I doubt CBS renews any of its contracts like NCIS as well. This is what was always going to happen when streaming got big, everyone having their own service. The only shows are ironically NBCU that don't seem to be in immediate danger of leaving. For their credit, Netflix had the foresight to know that their third party deals wasn't going to be a viable business strategy forever and so they have invested billions in original programming, trying to be HBO (though they took a different strategy in that too by going for quantity over quality, not to say there aren't some gems, but most of their original content is very mediocre).
Hulu is actually in a much better place to keep the large array of different shows because the networks own them.