Set splash screen does not appear to work on the Vive

Set splash screen does not appear to work on the Vive. The splash screen is not shown and the player sees the waiting room

1. Open the VR Template
2. Open the motion Controller map
3. Copy and paste all of the editor cubes (until there is around 600 to increase loading time)
4. Create the blueprint in the attached image
5. Save level
6. Play in VR Preview
7. Press the 'F' key to load the level
8. Notice that the vive is sent to the waiting room and that the Splash screen never shows

Expected: The splash screen would show so as to cover the waiting room
Result: The splash screen is not shown and the player sees the waiting room