I think it's about a lion who wants to be brave (maybe?) and he goes in a hot air balloon and ends up in a strange place. He meets a girl and they go on a journey together. And at the end, the girl is defeating a villain and she turns into this white-dressed, glowing girl (because of the kindness in her heart?) and then the lion finds a yellow brick road at the end and it's like the Wizard of Oz. I remember it being on VHS too.