The endearing story between Pete and his invisible dragon friend Elliott as they develop a special bond and share a magical friendship, with memorable characters and heartwarming songs including the 1977 Academy Award best original song nominee, 'Candle On The Water.'
Princess Elizabeth is slated to marry Prince Ronald when a dragon attacks the castle and kidnaps him. In resourceful and humorous fashion, Elizabeth finds the dragon, outsmarts him, and rescues Ronald - who is less than pleased at her un-princess-like appearance.