As expected, Prince will take up residency for seven intimate concerts at the Hollywood Roosevelt hotel in Los Angeles, starting June 23. Verizon Wireless has signed on as presenter of the gigs.

Prince will perform two-hour sets for select audiences of 200 people at the hotel's Blossom Room. Following each show, the singer is expected to play late-night impromptu sets with his jazz band. Along with June 23, confirmed dates thus far are June 24 and 28-30.

With a price tag matching Prince's latest album title, "3121," 70 standing-room-only tickets will cost $312.10 for each show. The remaining 130 seats will be sold in pairs as VIP packages, offering fans dinner and seated show access for $3,121. Further information can be found at the hotel's Web site.

The concerts will feature new music from Prince's July 24 Columbia release, "Planet Earth," including the first single, "Guitar." Audience members will have the opportunity to download "Guitar" at the show for free via Verizon Wireless' V Cast Song ID technology.

As previously reported, Prince has also committed to 21 dates in London this summer. The Earth Tour begins Aug. 1 with seven dates at AEG's 20,000-seat 02 Arena.