In 2006 , the Paramount Vantage brand branched off from Paramount Classics , which was relaunched in 2007 as a distributor of " smaller , review-driven films including foreign-language acquisitions and documentaries . " In 2007 , Paramount Vantage partnered with Disney subsidiary Miramax Films on two of the year 's most highly regarded movies , '' No Country for Old Men '' and '' There Will Be Blood '' . Both films garnered eight nominations at the Academy Awards , with '' There Will Be Blood '' winning the awards for Best Cinematography and Best Actor for Daniel Day-Lewis , while '' No Country for Old Men '' won for Best Adapted Screenplay , Best Director , Best Supporting Actor for Javier Bardem , and Best Picture
Academy Awards
80th Academy Awards
Paramount Vantage