Although Freeform’s less effects heavy series (Switched at Birth, The Fosters) have larger episode orders, it seems likely Cloak and Dagger will receive between 10-13 episodes for its first season, meaning the budget will in fact rival Marvel’s Netflix series.
Still, little is known for sure about Marvel and Freeform’s Cloak and Dagger series.
Although the exact budgets of each Netflix series and whether the $200 million was distributed evenly hasn’t been released, this seems to indicate Cloak and Dagger’s budget may be similar to that of the Marvel Netflix series.
Cloak & Dagger will reportedly debut on Freeform in 2018.