If TEN goes private

If Ten Network manages to get into private hands - such as through the Murdochs - this could only mean good news for Seven and Nine.

The Private owners will do whatever is in their power to make the business profitable, even if it means down-scaling Ten to a small but profitable level - meaning higher ratings and revenues to Seven West.

Provided the Reach Rule and other media laws are modified by Turnbull, and if Nine purchases Southern Cross Media, then it could be game on for Seven to pick up APN or perhaps even Fairfax.

The whole industry is set to transform and given the cheapness of these stocks, there could be some gains to be made.

Keep in mind Seven is paying a 6% yield - it won't be long until investors trickle back in.