Warner Bros. Discovery Inc., the parent of CNN and HBO, reported fourth-quarter sales that missed analysts’ estimates, dragged down by its traditional TV business, though its streaming service is winning new subscribers.

Warner Bros. Discovery linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter. Revenue eased 1% to $10 billion, shy of Wall Street forecasts. Net Some $1.9 billion charges including restructuring expense hit the bottom line as the company swung saw a $640 million loss for the last three months of