XM satellite Radio started a Pass-It-On campaign today by sending out emails to subscribers to encourage them to share XM with family and friends.

If you refer someone to XM, that person can get great deals on hardware (up to 65% off), and you will receive a $20 Visa gift card for each person you refer that subscribes. The program in similar to promotions from both Sirius and XM in the past.

So, if you are an XM subscriber and know someone that should have XM, go ahead and share what you know. Refer 8 people and you have just paid for an entire year of XM.

Position - Long XM