Isn't this film the unfinished version of a later film?

This film was later released as "le roi et l'oiseau", am I correct? I think the director complained that this film was taken away from him originally and edited into something different than what he wanted, so he released the "complete" version in 1980.

___ __ _
"I am very pleased with the proposals that I have put forward," said Thorwaldsson.