Complex sentence: They were the first team to wrestle the Hart Foundation on television after the Harts won the titles in January (they lost) and they soon found themselves in a long losing streak against a new team, Demolition.
Split into simpler sentences: They were the first team to wrestle the Hart Foundation on television after the Harts won the titles in January, but lost. They soon found themselves in a long losing streak against a new team, Demolition.