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From the liner notes

A glowing white spaceship lands under the snow above the arctic circle in the Lapland region of Northern Sweden in Terror in the Midnight Sun. Believing it to be an unusual meteor, a team of geologists race to the site just in time to be menaced by a giant, furry, monster-faced something-or-other that looks like a drunken Chewbacca. The creature waddles around, wrecks a Lapp village, and makes like a puppy dog in heat for American figure skating champion Barbara Wilson.

Invasion of the Animal People is the cut and re-edited U.S. version of the original Swedish film, with a changed plot and new shot-in-L.A. footage featuring John Carradine.