King Kong vs. Godzilla

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Mr. Tako, head of Pacific Pharmaceuticals, is frustrated with the television shows his company is sponsoring and wants something to boost his ratings. When a doctor tells Tako about a giant monster he discovered on the small Faro Island, Tako believes that it would be a brilliant idea to use the monster to gain publicity. Tako immediately sends two men, Sakurai and Kinsaburo, to find and bring back the monster. Meanwhile, the American submarine Seahawk gets caught in an iceberg. The iceberg collapses, unleashing Godzilla who, in the Japanese version, had been trapped within since 1955, who then destroys the submarine and a nearby military base.On Faro Island, a giant octopus attacks the native village. The mysterious Faro monster arrives, revealed to be King Kong and defeats the octopus. Kong then drinks some red berry juice that immediately puts him to sleep. Sakurai and Kinsaburo place Kong on a large raft and begin to transport him back to Japan. Mr. Tako arrives on the ship transporting Kong, but a JSDF ship stops them and orders them to return Kong to Faro Island. Meanwhile, Godzilla arrives in Japan and begins terrorizing the countryside. Kong wakes up and breaks free from the raft. Reaching the mainland, Kong engages Godzilla in a brief battle but retreats after Godzilla nearly burns him alive. ........

Source: Wikipedia