Variety reports on a pretty exciting new project from director Matthew Vaughn ("Layer Cake"). The filmmaker will direct an adaptation of Neil Gaiman's "Stardust" for Paramount, and he'll do it with the help of Robert De Niro, Michelle Pfeiffer, and Claire Danes, among others, of course.

"Paramount has set Robert De Niro, Michelle Pfeiffer, Claire Danes, Charlie Cox and Sienna Miller to star in "Stardust," an adaptation of the Neil Gaiman novel to be directed by Matthew Vaughn. Pic begins shooting in the U.K. and Iceland next month.

Story concerns a star-crossed youth from the English village of Wall who tries to win the heart of his true love by searching for a falling star and heading into a magical world where he must deal with a witch and a pirate.

Film will be the first for Vaughn since "Layer Cake," after he dropped out of the third X-Men pic for personal reasons. A majority of shooting will be done in the U.K."