An IPTV and a method for controlling a video widget in the IPTV are disclosed. Herein, a method for providing a video widget application includes playing-back a video content within an IP packet, executing a video widget application, and selecting a specific area of the video content being played-back, and outputting an object guide including an object list included in the selected specific area. The method also includes selecting at least one object from the object guide, selecting a video filter to be applied to the at least one selected object from the video Widget application, and applying the selected video filter to the at least one selected object.