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Before 1996, one radio owner could only own 20 AM and 20 FM Radio stations ?
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FCC ownership history for radio station KFMC-FM
(Fairmont, Minnesota)

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FCC ownership history for radio station KFMC-FM (Fairmont, Minnesota)
Ownership Report BOA20151005ABK - As of 10/01/2015 - Application ID 1690775
Licensee: Woodward Broadcasting, Inc - FCC Registration # 0003728383
Woodward Broadcasting, Inc
Charles V Woodward%
Ownership Report BOA20131122APP - As of 10/01/2013 - Application ID 1598542
Licensee: Woodward Broadcasting, Inc - FCC Registration # 0003728383
Woodward Broadcasting, Inc
Charles V Woodward%
Ownership Report BOA20111109ABH - As of 10/01/2011 - Application ID 1460195
Licensee: Woodward Broadcasting, Inc - FCC Registration # 0003728383
Woodward Broadcasting, Inc
Charles V Woodward%
Ownership Report BOA20100707BIM - As of 11/01/2009 - Application ID 1387460
Licensee: Woodward Broadcasting, Inc - FCC Registration # 0003728383
Woodward Broadcasting, Inc
Charles V Woodward%
Ownership Report BOA20071127ACD - As of 11/23/2004 - Application ID 1221854
Charles V Woodward
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Anne G Brown
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%
Ownership Report BOA20041123ACN - As of 11/23/2004 - Application ID 1030541
Charles V Woodward
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Donald D Kliewer
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Anne G Brown
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%
Ownership Report BOA20031125ABJ - As of 11/25/2003 - Application ID 706605
Charles V Woodward
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Donald D Kliewer
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Anne G Brown
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%
Ownership Report BOA20020109AAU - As of 12/11/2001 - Application ID 591761
Charles V Woodward
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Donald D Kliewer
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Anne G Brown
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%
Ownership Report BOA - As of 12/11/2001 - Application ID 589927
Charles V Woodward
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Donald D Kliewer
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Anne G Brown
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%