Who doesn't love Simon Pegg? The answer: no one. Only bad people don't like Simon Pegg. Therefore, any Simon Pegg-related news is cause for celebration. Fresh out of Cannes, Pegg is set to star in 'Hector and the Search For Happiness.'

Based on a book by François Lelord, the film will be directed by Peter Chelsom, whose recent output includes 'Hannah Montana: The Movie,' 'Shall We Dance' and 'Serendipity.' These credentials may not inspire a ton of confidence in Pegg fans (especially after he's spent his career working with folks like Edgar Wright, Brad Bird and JJ Abrams), but Chelsom sees this as an opportunity to return to "European sensibilities."

The book itself is a unique beast to adapt, mainly because it's not purely fictional. Lelord is a practicing psychiatrist and 'Hector and the Search For Happiness' was written as a sort of "Psychology 101" textbook disguised as a novel. The book was a big seller in Europe before being published in the United States in 2010. Here's the official synopsis:

"Pegg plays Hector, an eccentric yet irresistible London psychiatrist in crisis: his patients are just not getting any happier! He’s going nowhere. Then one day, armed with buckets of courage and an almost child-like curiosity, Hector breaks out of his sheltered vacuum of a life into a global quest to find out if happiness exists. More importantly, if it exists for Hector. And so begins a colorful, exotic, dangerous and hysterical journey."

Pegg is currently shooting 'Star Trek 2,' which will be immediately followed by Edgar Wright's 'The World's End.' When that's wrapped, he will step in front of the camera for 'Hector and the Search For Happiness.' It's certainly a good time to be a Simon Pegg fan...and if that steady stream of work is any indication, it's a good time to be Simon Pegg's bank account.