Netflix and Hulu have a lot in common. They both deliver streaming video to your home through a variety of devices and software options that include (but are not limited to) the browser. Netflix is known for having an abundance of movies and their TV show selection is growing larger by the day.
Bottom line: If you're interested in seeing the latest episode of your favorite television shows, you're going to want to lean to Hulu as your primary media provider. If you're more interested in a larger selection of movies and legacy television shows season-by-season, you'll likely find Netflix to be a better choice.