"Osborne" Lights will never return. The little bits of the original display that Disney had were returned to the family. What we have seen in recents years has been a Disney production with minimal Osborne in it so it makes no sense to maintain the relationship, especially since the location was no longer available.
Disney is offering a wide range of Holiday decor and activities at Disney Springs this year, including a drone light "show". They designed a new Holiday projection/laser/fireworks show at DHS that will start soon.
I would not be surprised to see a "light" display of some kind return, maybe to Epcot where they used to have one called "Lights of Winter" at some point.