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"Internet television" Definition:
Internet television (Internet TV or iTV) is television distributed through the Internet. Internet television allows viewers to choose the show they want to watch from a library of shows. The primary models for Internet television are streaming Internet TV or selectable video on an Internet location, typically a website. The video can also be broadcast with a peer-to-peer network(P2PTV),which doesn't rely on single website's streaming.
It differs from IPTV in that IPTV offerings are typically offered on discrete service provider networks,requiring a special IPTV set-top-box.
Internet TV is a quick-to-market and relatively low investment service. Internet TV rides on existing infrastructure including broadband, ADSL, Wi-Fi, cable and satellite which makes it a valuable tool for a wide variety of service providers and content owners looking for new revenue streams.
(This definition is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Internet television".)
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