The King points out that he already has a wife but Wenlock says that he has three and each one is prettier than the next. When Annika refuses, Wenlock furiously reminds the king and queen the fate of their 'other daughter,' which surprises Annika.

Everyone is having a wonderful time until a powerful wizard named Wenlock appears and asks the princess to marry him. That night, Annika sneaks out of the palace to join a festival down at the lake, (she manages to get her skates back). After Annika's skates are taken from her, she goes up to her room in tears and tells her parents they ruin her life. This irritates and frustrates Annika who never gets to do what she wants and is often treated like a child even though she's practically grown up now. When Annika returns to the palace, her parents are so worried and overprotective they forbid her from skating ever again.

Out skating, Annika meets a small polar bear whom she names Shiver. When she opens the door to Annika's room, she discovers that Annika is missing, having gone to an ice rink without asking for permission. In a magical northern kingdom, the Queen wants to surprise her daughter, Princess Annika, played by Barbie, with a birthday gift. On her quest to defeat Wenlock, Annika meets new friends and together they travel to forbidden forests, skate through icy caverns and fly above the clouds as they attempt to build a magical wand of light.'

Annika has only three days to break the spell of Wenlock, an evil wizard who has turned her family to stone. Princess Annika discovers adventure when she is befriended by Brietta - a magnificent winged horse - that flies her to the beautiful Cloud Kingdom. 'Barbie takes flight in her first original princess fairy tale movie, Barbie and the Magic of Pegasus.

Barbie magic of the pegasus characters