The invention provides a live time-shifted video play-continuing method during disconnection and an IPTV player. The method comprises: connecting to a network to obtain a data stream of a video; playing the data stream through a player to obtain a play starting time of the video; acquiring a played duration of the video when the network is disconnected; acquiring a time point of playing interruption of the video according to the play starting time and the played duration when the network is connected again; and returning to the time point through the player, and continuing to play the video at the time point. The beneficial effects of the invention are as follows: directly performing the breakpoint continuous playing of the live time-shifted video from the network disconnection time point after the network is reconnected.