Internet multimedia playbook system and method thereof

An internet multimedia playback system, comprising:

• a multimedia server, coupled to an internet, for storing a plurality of multimedia video stream files;
• a playlist server, coupled to the internet, for storing playlists according to different accounts;
• an internet device, coupled to the internet, wherein the internet device is coupled to the multimedia server and the playlist server through an application software, wherein a user can uses the internet device with the application software to connect to the playlist server through the internet with a specific account, and stores an internet address of a multimedia video stream, which the user want to watch, to a playlist of the specific account;
• and
• a first internet multimedia playback device, having a power switch and a wireless internet module, wherein, when the power of the first internet multimedia playback device is turned on, the first internet multimedia playback device connects to the playlist server through the internet with the specific account to acquire the playlist of the specific account, and the first internet multimedia playback device connects to the multimedia server by the internet address of a multimedia video stream stored in the playlist through the internet to perform a multimedia playback.