No, that is why I tested it with youtube. Sound stops immediately when I load the oculus app. No sound in app, or games, or main lobby. Sound works fine in everything else without the app open.
Ive done that, my settings are all fine. But as soon as the oculus app starts the audio completely stops (for this test I had a youtube vid running in the background). Then as soon as you close the oculus app the sound starts again…