"To me this acronym means moving the broadcast television industry off the traditional airwaves and onto the Net. I think of IPTV as broadcast media in some form. And while we see more and more independence, for me, this is the evolution of commercial broadcast television." (Ken Camp at )
From the Wikipedia at http://en.wikipedia.org/wiki/IPTV
"IPTV (Internet Protocol Television) describes a system where a digital television service is delivered using the Internet Protocol over a network infrastructure, which may include delivery by a broadband connection."
IP TV is generally distinguished from Internet TV.