    Sentence Mew broadcast regulations from the  FCC in 1968 allowed companies to own a  maximum of how many radio stations?    ‘Sentence I2 1968, ABC took advantage of new  FCC ownership regulations that allowed  broadcasting companies to own a maximum of  seven radio stations nationwide in order to  purchase   Houston   radio stations KXYZ and KXYZ-FM for $1 million  in shares and $1.5 million in bonds.