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The LAT Buzz Bands blog is breaking some potentially exciting news for deep-pocketed fans of pop music's leading pint-sized, demon-cocked provocateur: Prince is close to announcing a seven-week residency at the Roosevelt this summer. The details:

What the plans call for: On seven Friday nights starting June 16, the Roosevelt will close off its lobby at 9 p.m. Then, at 11:30 in the Blossom Room in front of 250 seated guests and an undetermined number of standing-room-only patrons, Prince (joined each week by special guests) will give a two-hour performance.

At 2 a.m., Prince's private chef will take over the kitchen of the Roosevelt's Dakota restaurant, which will morph into an after-hours dinner club. As part of a jazz ensemble, Prince will entertain diners until 4 a.m.

The early report lacks information on the price, but we'll assume that the cost will be high enough to ensure that attendance will be limited to the Roosevelt's usual crowd so that Lindsay Lohan can enjoy a relaxing evening of shouting, "Jesus Christ! Are you gonna play 'Red Corvette' or not? Fuck!" on each trip to the ladies room stall without worrying about outsiders judging her too harshly.