diff --git a/src/CMakeLists.txt b/src/CMakeLists.txt
index 025d651c3..841c06a6f 100644
--- a/src/CMakeLists.txt
+++ b/src/CMakeLists.txt
@@ -1343,7 +1343,16 @@ endif()
 
 if( MSVC )
 	option( ZDOOM_GENERATE_MAPFILE "Generate .map file for debugging." OFF )
-	set( LINKERSTUFF "/MANIFEST:NO /DELAYLOAD:\"fmodex${X64}.dll\"" )
+	set( LINKERSTUFF "/MANIFEST:NO" )
+
+	if( NOT NO_FMOD )
+		if( FMOD_STUDIO )
+			set( LINKERSTUFF "${LINKERSTUFF} /DELAYLOAD:\"fmod${X64}.dll\"" )
+		else()
+			set( LINKERSTUFF "${LINKERSTUFF} /DELAYLOAD:\"fmodex${X64}.dll\"" )
+		endif()
+	endif()
+
 	if( ZDOOM_GENERATE_MAPFILE )
 		set( LINKERSTUFF "${LINKERSTUFF} /MAP" )
 	endif()