Complex sentence: The Brown Hornet's name is a play on the name of the live-action hero The Green Hornet, but in character, the Brown Hornet is closer to a parody of Space Ghost, being a space-faring, caped superhero.
Split into simpler sentences: The Brown Hornet's name is a play on the name of the live-action hero The Green Hornet. But in character, the Brown Hornet is closer to a parody of Space Ghost-a space-faring, caped superhero.