'image_style' entity with ID 'media_library' already exists
I was able to fix this by doing the following:

Removing the media_libary (I'm using git but if not you can move it somewhere):

rm image.style.media_library.yml
rm views.view.media_library.yml


Run configuration import:

drush cim -y 


Now run database update:

drush updb -y


Now add the removed config items back in:

git checkout ./


Run configuration import again:

drush cim -y


Now you should be all set.