The Disney Parks Blog has confirmed that a new daytime parade called Festival of Fantasy will replace Celebrate a Dream Come True in Spring of 2014.
Per the blog:
This parade will specifically highlight the stories of “The Little Mermaid,” “Sleeping Beauty,” “Dumbo,” “Pinocchio,” “Peter Pan,” “Tangled” and the Disney●Pixar film “Brave” among others. (Check out a sneak peek of the “Tangled”-themed float above).