The Chow-Mumford (CM) line bundle is a functorial line bundle on the base of any family of polarized varieties, in particular on the base of families of Q-Fano varieties (that is, Fano varieties with klt singularities). It is conjectured that the CM line bundle yields a polarization on the conjectured moduli space of K-polystable Q-Fano varieties. This boils down to showing semi-positivity and positivity statements about the CM-line bundle for families with K-semi-stable and K-polystable Q-Fano fibers, respectively. I present a joint work with Giulio Codogni where we prove the necessary semi-positivity statements in the K-semi-stable situation, and the necessary positivity statements in the uniform K-stable situation, including in both cases variants assuming K-stability only for very general fibers. Our statements work in the most general singular situation (klt singularities), and the proofs are algebraic, except the computation of the limit of a sequence of real numbers via the central limit theorem of probability theory. I also present applications to fibered Fano varieties.