For investors in broadcast TV station group Gray Media, the benefits of the company’s mergers and acquisitions are starting to pay off, says Executive Chairman and CEO Hilton Howell Jr. The Atlanta-headquartered company’s second quarter 2026 results were released shortly after 6am Eastern on Friday, and Gray is “particularly pleased with political advertising.” It not only “significantly exceeded” its Q2 guidance but is trending ahead of 2022 and 2024 year-to-date levels.