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Par sprinkles ‘Stardust’

Vaughn to adapt, helm Gaiman novel

Paramount is in final negotiations with Brit filmmaker Matthew Vaughn (“Layer Cake”) to direct and produce his adaptation of Neil Gaiman’s adult fairy tale “Stardust.” Vaughn penned the script with writing partner Jane Goldman.

Gaiman’s novel, first published in 1997 as “Stardust: Being a Romance Within the Realms of Faerie,” is set in a town in the English countryside where the magical and mortal mix. Story’s centered on a young man who promises his beloved that he’ll retrieve a fallen star by venturing into the magical realm, where he has to contend with witches, goblins, gnomes, talking animals and evil trees.

“Stardust,” which won the 1999 Mythopoeic Award for adult novel, was originally set up at Dimension. The feature project’s being developed with the goal of tapping into veins of fantasy and comedy akin to those in “The Princess Bride” and “The Neverending Story.”

Par co-prexy of production Brad Weston is overseeing the project.

Vaughn produced and made his directorial debut on gritty gangster thriller “Layer Cake,” starring Daniel Craig. He was attached earlier this year to direct the third “X-Men” but left the project.Gaiman was the creator-writer of the DC Comics series “Sandman.” He’s co-written the script for “Beowulf,” the performance-capture adaptation to be directed by Robert Zemeckis and produced by Steve Bing’s Shangri-La Entertainment.

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