The unveiling comes in advance of the Dec. 22 release in Los Angeles and Nashville of Paltrow's new film, "Country Strong," co-starring McGraw. It opens nationwide on Jan. 7.
Paltrow won the best actress Academy Award for her role in 1998's "Shakespeare in Love."
The 38-year-old actress also had roles in the "Iron Man" movies, "Two Lovers," "The Good Night," "Proof," "Sylvia," "The Talented Mr. Ripley," "The Royal Tenenbaums," "Emma," and "Jefferson in Paris."