Although there is some planned continuity between the latter two films, it is unknown whether or not that plan will carry over for the ABC series, which is currently seeking writers.
Tyrone Johnson and Tandy Bowen are, respectively, the superhero duo, who first appeared in 1982’s The Spectacular Spider-Man #64. Both runaway teens, Cloak and Dagger become the victims of a criminal heroin dealer whose experimentations awaken latent mutant abilities. Cloak’s powers allow him to engulf criminals in a world of darkness within himself while Dagger has the ability to create and manipulate daggers of light.
The article notes that Cloak and Dagger could be a candidate for ABC Family. While there is, again, not necessarily a continuity planned between film and television, the characters of Cloak and Dagger made a popular appearance in the original arc of Runaways, which is heading into production as a feature adaptation soon.