It is the second meaning which the author seems to imply and that I'm using here.
For example, the Emmy's (and the Hollywood Reporter, for example) consider NBC, ABC, HBO, Netflix, and Amazon to all be networks on equal footing.
The trade papers may use ‘network’ interchangeably in Ye Grand Tradition of old school Deadline slang for TV, but nobody in the industry would ever confuse networks (read: ABC, CBS, NBC, FOX) with cable/premium/streaming channels.
To me they are all channels. Just some don't allow binge watching or time-shifting well and others do.
So not a vast difference.
One of the questions becomes what does the new bundle look like? (or the a la carte package.) Because there are pretty clearly a limited number of monthly subscriptions that most consumers are willing to pay for especially if they're in the >$10 range.