Premium, the fifth and latest Slayers film, was first released in Japan on December 22, 2001, along with Sakura Wars: The Movie, Di Gi Charat - A Trip to the Planet and Azumanga Daioh: The Animation.

This is the only Slayers movie so far to feature the characters of Gourry Gabriev, Amelia Wil Tesla Seyruun, Zelgadis Greywords and Xellos.

This often creates awkward situations during the film (the phrase "how horrible" being spoken as "flat chested", which offends Lina greatly).

It was later included in the collection of digitally remastered Slayers films and OAV series,[2] released on Blu-ray in Japan on October 30, 2015.

[3][4] Aleksandra Janusz of the Polish magazine Kawaii expressed her severe disappointment in Slayers Premium for several reasons, including its short running time, character design and animation changes, the plot that in her opinion was weak with unfunny gags, and deeming returning characters other than Lina and Gourry unnecessary due to their unsatisfactory very small roles in the film.