Hudlin tells the Washington Post's Comic Riffs that the idea was born out of the tragic loss of co-founder Dwayne McDuffie in 2011. "Derek said, 'It's been too long. We've got to restart the company,'" Hudlin said, recalling a discussion he and his friends had at an event held in McDuffie's honor shortly after his passing. "So the three of us have been working for the past two years on sorting out all the business, and now we are the core of Milestone Media 2.0."
While there is not yet a planned timeline for the first comics to appear, Cowan told the Post he hopes to have something to share with fans at 2015's Comic-Con International in San Diego.
The Milestone 2.0 lineup will feature classic characters like Icon, Hardware and Static Shock -- a character that already has a live-action deal in place at Warner Bros. -- alongside new creations. But while the original Milestone's plan hinged upon its partnership with DC Comics, the new version will spread itself across a broader spectrum, with deals being discussed with multiple publishers and a variety of media companies.
One of the defining attributes of the original Milestone line of comics was the diversity in its characters, with heroes and villains from multiple cultural and ethnic backgrounds headlining every title published under the imprint. And while the comics industry as a whole has made strides in being more accurately representative of the diversity of its fanbase since Milestone's '90s origins, that doesn't mean the original incarnation's message is dated.
"There are all kinds of challenges that are facing people of color - that part hasn't changed," Cowan told the Post. "What has changed is, there are a lot more characters of color in comics. What we feel is now, Milestone is necessary because of the types of characters that we do, and the viewpoint that we come from."