Try http://dev.stoictv.com/quicktime.php - I don't know the technical details, but it's basically more reliable but hasn't yet been fully integrated with the rest of the site. You will however need the latest version of Quicktime.
There was a long conversation about the conversion from "stoic" to "stoic tv". The main reason was because people just didn't know what "stoic" was, so we thought adding the "tv" would help. It does, as you say, lead to the double-acronym thing, but then again it's not that uncommon (PIN number anyone?), and we thought whilst it may be technically wrong, we would rather people actually knew what we did.
At some point in the mid-90's it was called "SIC TV" - or at least the "channel" was, although the club has always been stoic to the best of my knowledge. This died a death fairly quickly (not sure why), and these days the "channel", i.e. the screens in the JCR, are only a very small part of the output, most of the viewers are online I believe.