It is the story that will narrate the fairy tales of Cinderella and Snow White almost simultaneously in a version never seen before: the first is a cleaning lady in an apartment of prostitutes, while the second is an apparent sweet girl grappling with the theft of precious diamonds owned by some dwarfs to run away with the beloved prince.

The fictional town of Villa Romero is the set upon which the events of Spain's civil war play out. Villa Romero is home to Vandale (Mariangela Melato) a witch, count Cerralbo (Bento Urago) a powerless land baron, and his four sons. Three of Cerralbo's sons are ruthless sadists who pillage the countryside, but the fourth, Goya (Ron Faber), is an artist challenging authority and the church.

The god Wotan gives the young Prince Sigmund of Valhalla and his sister Brunhilde, the leader of the Valkyries, the task of defending the Petrified Forest. This is threatened by the Vikings (led by the aggressive Hunding), who plans an invasion of the forest in search of the secret treasure of the Nibelung, the possession of which gives one unlimited power. After crossing the border and invading Valhalla, Hunding finds an ally in the daughter of one of Sigmund's loyal followers, Erika, who is embittered by unrequited love. She helps the Vikings raid the camp of the Valhalla residents and kill many warriors. Sigmund swears vengeance and pursues them with the remaining men. However, thanks to other traitors in Sigmund's ranks, Hunding succeeds in capturing him and his fiancée Siglinde, Erika's sister. At the end, Sigmund escapes and, with the help of the Valkiries, succeeds in stopping the invaders and defeating Hunding in a duel.

Sam Whipple, an attorney in once-upon-a-time-land, is startled to receive a visit from Santa Claus shortly before Christmas. It seems that when he was a child, Sam wrote a letter thanking Santa for the presents he'd received, and offering to return the favor someday. That day is now - a mean old soul named Phineas Prune, who holds the deed to the North Pole, is demanding back rent. Otherwise, he's going to evict Santa, Mrs. Claus and the elves and take all the Christmas toys. It's up to Sam and Santa to find a way to pay off Prune and prevent Christmas from being canceled.