The 1940 Disney film 'FANTASIA' is an animated musical fantasy film that features a variety of classical music pieces, performed by the Philadelphia Orchestra and conducted by Leopold Stokowski. The film was released in 1940 and is considered one of Disney's most ambitious and innovative films. The other 1940 Disney film is 'Pinocchio', which is an animated musical fantasy film based on the Italian children's novel 'The Adventures of Pinocchio' by Carlo Collodi. It follows the story of a wooden puppet who is brought to life by a fairy and must prove himself worthy of becoming a real boy. The film was released in 1940 and is considered one of Disney's most beloved films.